Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
parapencariuang
on 21/09/2018, 18:24:40 UTC
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
if crypto replaces everything, then maybe the problem is that cyber crime will increase. and people will get lazier because they are treated by crypto, all can be done by Crypto.