Quote from: andriarto on April 27, 2019, 04:15:53 AM

Quote from: millgates on April 27, 2019, 03:25:06 AM

Quote from: michkima on November 24, 2016, 02:45:28 AM

In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar, etc.?

If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?

That maybe happen, when people start to think that fiat money system is inappropriate for thr world economy then maybe government will support cryptocurrency more. But government will still more focus on hoarding gold. Gold is special because since long time ago the price still rice and there is no inflation on it.

different from my view, I think fiat cannot be replaced. we know with cryptocurrency, the government cannot control it, unlike fiat, which uses a centralized system. I think the government uses its own crypton to keep up with the development of developed countries

Yeah as long as you wait, 100 years or more, fiat will never be replaced. technology can continue to advance and make the digital currency or virtual currency increasingly used. but fiat will continue to be used by the government, and currently there are lots of digital currency that been create by fiat (another version) right ?