Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
mersal
on 19/05/2019, 18:10:14 UTC
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
mostly the connection between cryptocurrency and the normal currency is not happen in anytime so it will not been crossing in any line so the possibility of beat and the normal currency from the development of cryptocurrency is not available in any situation and moreover the people in this world more trusted the normal currency only.