my mind always asks, if one day bitcoin gets legal regulation, and is recognized all over the world. will fiat currencies continue to work? which country will be saved by the economy? and which countries are negatively affected? Or not effect in country. because in my opinion. when the legality of bitcoin is recognized throughout the world. There will be no currency difference. all values are the same. or will become commodity items such as gold etc. Give me your opinion
Bitcoin and other cryptocurrencies could be an another form of payment for a certain country but I doubt that it will be replace fiat. Bitcoin is already been recognize across the world but some of them aren't ready for this kind of technology. Yeah this could be slightly improve the economic status of one country since crypto is known of having speed transaction and speed is necessary for this business industry.