Post
Topic
Board Economics
Re: Are fiat currencies necessary in the world?
by
renz0
on 30/08/2018, 06:21:17 UTC
Absolutely yes. Not all people know how to use crypto, credit or debit cards in purchasing goods or services especially the children and the old ones. Besides, cryptocurrency is not fully established yet or even if it is established fully, it can never replace our fiat currency. It remains a digital money used in an online transaction only. To under developing countries, this might not be applicable.