Quote from: Faeton on October 25, 2018, 04:52:07 AM

Quote from: Sherwood_Archer on September 11, 2018, 12:06:40 AM

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 all states switch to the use of cryptocurrencies, which can never happen in reality, then very interesting events will really begin. The economies of countries will unbalance quickly, and complete economic chaos will begin. I think that such an experiment will end quickly and everything will again fall into place with a return to their national money.

I think that a time will come when all the counties of the world will start using bitcoin, I think that it will good for all the countries when all the people of the world will use a single currency throughout the world. I hope we are very soon going to see people using bitcoin throughout the word.