If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
Every country has it's own currency to be used offline for daily living. Bitcoin is a digital currency that always need internet connection in order to use and operate. It is just a good investment online. Also it has a lot of downside like anonymity,volatility and internet. It can also easily use in any bad doings like crime,drugs,money laundering and tax evation because it is deentralized currency in which government has no full control of it.