Post
Topic
Board Economics
Re: Crypto to trigger a global bank run?
by
radjie
on 19/06/2019, 22:16:53 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?

What do you think about bank run? Does this mean people will lose trust on bank because of crypto? I think this will not happen because cryptocurrency needs Fiat money to have value. So in other words, to materialize crypto we need banks to make cash out of cryptocurrency.

yes, both of them have a very important role and will always be side by side because if cryptocurrency cannot be converted to fiat then it will not have very valuable value to date