Post
Topic
Board Economics
Re: What will happen if the all countries convert to cryptocurrency?
by
yulionoo
on 16/10/2019, 08:23:53 UTC
this might happen but I think it will take a long time maybe in 10-20 years. because right now the cryptocurrency mass adoption hasn't materialized there is still a lot of rejection in some countries. most governments reject crypto because the crypto's anonymous nature will tend to be used for criminal acts. and bitcoin is also decentralized and cannot be controlled by the government. so I think fiat money will remain until later.