Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
lamadu3
on 03/09/2018, 15:26:11 UTC
In my opinion crypto will never be able to replace fiat, this is because crypto is decentralized so that it cannot be used globally for direct transactions such as fiat, of course it is difficult and confusing for retail sellers when prices rise or fall by 10% per day.

No, the cryptocurrency will become extremely popular but it will not replace traditional money. It can be used only when you have an access to the Internet - paper money is easy.