Post
Topic
Board Economics
Re: Cryptocurrency
by
balamuda
on 08/09/2018, 15:37:09 UTC
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

I believe that will happen, but to achieve it takes a long time. The main reason for crypto is difficult to become a payment instrument because it has not received legality from the government, and crypto holders themselves use crypto as an asset rather than being a medium of exchange.