Post
Topic
Board Economics
Re: What will happen if the all countries convert to cryptocurrency?
by
Aying
on 29/10/2019, 05:50:24 UTC
Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?



Very convenient to us, because we already use crypto for long and that is the advantage. the disadvantage is those people who did not know what is crypto all about and it is difficult to accept it because of the lack of equipment as well. government will have to work hard for this to spread widely how crypto changes everything. but with this matter how could they accept it if still the problem won't resolve and also spreading. actions will be more priority now to see a better result.