Post
Topic
Board Economics
Re: Please, we should not totally eliminate fiat currency
by
Heimer
on 01/10/2019, 19:35:47 UTC
From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
Oh well you look so cute while saying this Roll Eyes . So innocent who thinks that we all are walking tomorrow morning towards the President's house and giving our dissent to Fiat forever. Chill Bro don't freak out. No one is going to eliminate fiat in near future. Forget rural, even the urban crowd doesn't knows completely about cryptocurrencies and its usage. Even if everybody gathers around knowledge of BTC. It's hard thinking that we have no fiats because that would be a day when we are also completely forgetting our governments because they are in political supremacy because they can control the finance of their country. Without that they are just puppet ready to be overthrown.
Fiat is needed and will not be eliminated (or at least I hope so). There are still many places where internet or even modern electronics have not reached yet and this places needs FIAT. If someone wants so badly to eliminate it then he should think of consequences of such actions