Post
Topic
Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
BitcoinCommodor
on 03/10/2018, 06:38:37 UTC
Thats a good thought about the bitcoin and fiat tie up but there are again few more questions that arises. I mean why government will choose bitcoin for this purpose and why they cant just go and rule out the cash itself? So that by declaring that they will be using only digital forms of payments ? They can always do that and same thing is happening in country like India. Where to stop the money laundering they literally changed the currencies throughout the country and declared that use of digital payment will be rewarded. The results were pretty good and I guess its worth to think that government can control it the way they want.
I can see my future in bitcoin and flat . The rrason why I am motivated in working hard is the bitcoin and flat . I want to earn a lot of it so that I an afford my future wants.
Bitcoin as well as fiat both are the necessary currencies that we need in our life in different places on different occasions. We need Bitcoin for investment as well as for fast transaction with low cost besides which banks can also use it for example for paying loans they can use Bitcoin. On the other hand we cannot ignore the fiat currency as we are watching and observing everything needs it so we need both.