Re: Can Bitcoin and FIAT co-exist? What will be the advantages then?

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.

I think its happening now, we enjoy fiat money and cryptocurrency at the same time and if you see the result right now, we have so much options to transact around the world. Fiat money will stay, it will not die so both of this currency will co-exist and it will help us to live in a better way.

Cryptocurrency attracts many investors because of its technology, and if people continue to support this one soon we will witness a great financial system than can beat banking system, well this is purpose of a decentralized market at all.

Yes.Cryptocurrency is really making its own trademark in the financial system nowdays but we cannot also ignore that fiat currency is still here and cannot be replace as easy as that.I believe that these two will create good advantages if they will co-exist together just like what is starting to happen now.

I think both will be exist and work same as both have their own fundamentals of work. Banking system needed to run some tasks which bitcoin cannot do.

Of course, they will coexist peacefully. Fiat and cryptocurrencies will be soon used together. I suppose, traditional money will not die as well as the cryptos. People trust Bitcoin and altcoins but they use dollars and Euros all the time.