Quote from: primejia on August 24, 2018, 02:37:28 AM

Quote from: Bonpay on August 23, 2018, 07:01:14 AM

Although Bitcoin exists for almost 10 years, its role in our life is still unclear. One of the theories states that Bitcoin was created to solve the problems which fiat money cannot overcome. We can see how so many Governments have huge debts and how some countries cannot support their own currency (Venezuela might be the best example now), so Bitcoin looks like a possible option nowadays. Getting rich was never the goal for Bitcoin. It was meant to become the currency of the digital world and provide an alternative to the dying economy.

So the question is, how do you think, should Bitcoin replace Fiat money, or there are other options of how it could be useful to the society?

Edit: To give you more food for thought, there is a nice article about the history of the creation of both Fiat and Bitcoin and their detailed comparison.

indeed the world needs a single currency and cannot be monopolized or controlled by any country, and I think crypto currencies are very potential to become a single currency, and there will be no more countries experiencing hyper inflation because all currencies in the world are the same. So, there must be a common desire of all countries to change if they do not want a large country that can monopolize currency circulation, and all countries must support the use of digital currencies. I think this needs to be fought for.

This is a great goal to achieve. However, right now it sounds very "utopian" even for the most optimistic crypto-enthusiast.