Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin and FIAT co-exist? What will be the advantages then?
by
bangkit tri
on 19/10/2018, 13:04:43 UTC
FIAT money is our daily currency which has been existing here for hundreds of years, when crypto currencies like Bitcoin is squeezing their way up to become a world currency and sort. Can they co-exist? If so then what benefits we can get from them, altogether? Not separately.

Becoming a world currency Bitcoin BTC can only be a crisis announced by the IMF.

If we recall the fall of the Turkish lira, after the US sanctions,  it caused a stir on the local stock exchanges.

Trading volumes on Turkish crypto exchanges increased significantly when the Turkish national currency reached record low price marks.

of course this will have a good impact if crypto market price jumps sharply, so that fiat currency in Turkey can be saved, by buying or exchanging it into the lira currency