Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
awik p
on 10/12/2018, 06:46:27 UTC
I am very sure that time will happen, the old concept will change with a new concept. the concept offered by cryptocurrencies with its Blockchain technology will greatly help the lives of humans in making transactions and others.
indeed evolution will always play a role in life, with time, of course new things will emerge and be used by humans, leaving behind old habits. but for that I think it takes a long time, because there are many problems that must be faced
that's right, but we also have to see that the current development has no potential to replace fiat. in fact cryptocurrency must be very stable before crypto replaces fiat, moreover there are so many things to think about.
maybe when all countries legalize it, then the cryptocurrency will be stable and not fluctuating like today. but on the other hand, of course government will regulate somewhere, maybe it can be in an ico setting for example, so that not a lot of fraud can occur. even now there are many ico scams