Post
Topic
Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
Best Dreams
on 05/01/2019, 20:49:58 UTC
hope it really happen in the future, not replacing fiat but I hope that bitcoin and crypto can be used as easily as using fiat.


Some says crypto can soon replace fiat but how can that be possible ? I mean we must first need fiat in order to buy cryptos . you cant also say that we can mine crypto or we can earn them online because we still need money in order to buy a miner or to buy a gadget with internet access  .

Btc and cryptos were now also easier to use compare to before because many merchants and companies are now open up for supporting crypto payments but i think fiats are still more easier because they are direct .
Yeah, it's not meant to demean bitcoin. but fiat will always be the main currency. Bitcoin can be a popular currency in the future. but the holders of government authority will certainly continue to make fiat the number 1 payment and must be used for every citizen. as long as the government exists fiat will never be replaced by anything
That’s true but it is now a history mate people are more happy to use crypto than fiat as well as government are saying all about fiat is for their own benefit for ordinary people fiat is just money but crypto is future maker so according to me we all should promote the use of crypto than fiat if we really want a good economical state.