Post
Topic
Board Economics
Re: What will happen if the all countries convert to cryptocurrency?
by
webdevmastery
on 18/09/2018, 06:47:17 UTC
Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?


If most of the countries are going to convert into cryptocurrency then there is no way for other people to use their fiat and everything will be a digital transaction.