Post
Topic
Board Economics
Re: the future real money
by
boyshx
on 28/10/2018, 17:38:50 UTC
[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]

There could be a chance of that happening but also there wont be any big change out of this. I mean there wont be full replacement of the current system as the current traditional banking is far big infrastructure which can not be replaced with the smaller blockchain based virtual payment system. The banks provide best payment processing of all time with speed, accuracy, intelligent tracking and more in their virtual payment processor. I am little skeptical that it will get replace with the crypto in full mode operation. Crypto might be used as alternative but not with full confidence.