Post
Topic
Board Economics
Re: What will happen to global economy when crypto becomes global currency?
by
aardvark15
on 24/08/2018, 01:37:48 UTC
If and when cryptocurrency finally becomes an official global currency, how do you think it will affect the global economy and the economy of each countries? Will it help improve the economy better than fiat or will it still need help from fiat?

I don’t believe that Bitcoin will be an “official global currency”. I think it will we used globally as a mainstream method of Payton’s store of value, but I think countries will still use their official government currencies. I also think that there will be several other cryptocurrencies that will be used for various purposes as well.