Post
Topic
Board Economics
Re: Crypto to trigger a global bank run?
by
raven7886
on 31/05/2019, 06:38:22 UTC

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?

If you consider US dollar as one of the fake money you're talking about, why do bitcoin and other altcoins being analyze based on US dollar. Cryptocurrency won't elimnate the current currency. They'll exist together at the same time because they have different purpose in our system.
This is how we should exactly be seeing these coins, crypto was never meant to take the place of fiat, but to compliments it and also serves as alternative to it. People that usually use their mouth to kill fiat should first ask how they will get the cryptocurrency without fiat.

It is when you pay fiat that you get the equivalent practice before furthering to use the crypto on any site we wish to use it on.It’s because we usually pay attention more to crypto that is making government also to be stricter about using it, if we can just use crypto without having to condemn cash till the whole blockchain gets dip, then we will not be having all these FUD on news created by government.