Quote from: Epimetheus on November 04, 2018, 08:35:55 PM

Quote from: jonhn772 on November 02, 2018, 02:06:25 PM

I don't think that cryptocurrency will replace fiat currency in future. Cause we can't think our daily life without fiat money.

Cryptocurrency can work side by side with fiat currency but can't replace it. And their are many reason behind this.
Cryptocurrency is not legalized everywhere. In many country it is still ban. Because of this it can't call an global currency. Another reason is its volatile. Because if volatile nature its price fluctuate time to time and because of this many people lose their trust on it. Cryptocurrency is an digital currency so in order to use it Internet connection must required but their are many place present where electricity does not present and in those place fiat currency is one of the options in those place.

yes, I agree that bitcoin will not be able to replace fiat money, the main reason, in my opinion, is that its value is very unstable and it is very troublesome for people. in my opinion Bitcoin is still suitable for investment places until whenever.