Quote from: senin on October 28, 2018, 04:21:23 AM

Quote from: damar09 on October 27, 2018, 05:25:15 PM

[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]

Although the cryptocurrency will continue to evolve, and therefore partly fiat will be squeezed out of circulation, it still does not threaten the usual currency. Its fate depends on the government, but it will never make a decision on the abolition of national money and on switching to calculations in cryptocurrency. Such a decision would be detrimental to the economy of any state, which means that as long as the state exists, national money will continue to exist as well. Cryptocurrency can go in the state only simultaneously with the national money of these states and it cannot be otherwise.

I agree. Just because more and more people eventually starts using cryptocurrencies doesn't mean the government will ultimately decide to eliminate fiat and switch to crypto. Besides, I'm pretty sure that not every single person in the country will like bitcoin. Some may choose to stick with "real" money, plus, the government can't manipulate and control cryptocurrency. Why would they want to drop the national currency for a digital currency that they cannot control?