Post
Topic
Board Bitcoin Discussion
Re: Will usage of bitcoin reduce the value of native currencies?
by
Menawi12
on 18/11/2018, 01:45:25 UTC
Will the value of native currency fall down if the usage of bitcoin increases?do people feel that they don't need fiat anymore for the transactions to happen?Is that why people are trying to let down bitcoin ? Many questions are just wandering in my mind at the moment. Can anyone answer atleast few of them?

Because cryptocurrency like bitcoin not controlled by any authorities, i think bitcoin and fiat money will run side by side. I am still thinking that people still need fiat because it already used for many years and to measure economic growth.