Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
helen28
on 12/09/2018, 20:22:54 UTC
In all honesty, crypto cannot actually completely replace fiat. It might lead to total crisis and possible shut down of economic activities in some places with poor electricity especially in the poorer countries.
Bitcoin serves as just a tool or alternative way to fiat but not to replace, at least not too soon that is why we need to keep informing the public as crypto serves as multi function, an alternative way as well as an investment.