Post
Topic
Board Economics
Re: harmonization of fiat and crypto
by
Blue_oxen
on 07/12/2019, 14:38:21 UTC
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough.