Re: harmonization of fiat and crypto

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.

I don't think so because I think we can use crypto as payment and we can buy all those things with crypto which we have dreamed of. Crypto is gradually getting so much value as a source of payments. Even in some countries, bitcoin is being used as money and as its getting the digital system so we must have some bitcoins in our digital wallet to use as Time of need as crypto has a bright future.

where do you find crypto used as payment? in reality, crypto still difficult to accepted by part people in the world. people tend to reject crypto because they assumes crypto is complicated and very simple use fiat money as a payment. it happen in few country

but maybe in the future crypto and fiat money can collaborates together, while internet kids growing up

Crypto has been used as payment, we can see some digital product like steam wallet top up, and any VPN maybe accept BTC as payment. But maybe to be accepted by a lot of people, really need from government so the company not afraid anymore if want to use BTC as payment. In other side, about fees and transaction time need to be solved first.

I mean is payment for real transactions like buy coffee with bitcoin or buy bread with bitcoin etc not online payment for digital product, people prefer to pay with fiat money in real life. need more time to crypto kill fiat money moreover like you said about fees and transaction time to be solved, its difficult to remove fiat money and move to crypto

Each of us want an easy way of transaction and by using fiat is still the best way to pay since not all stores accept crypto currency. Likewise, there are some stores adopt the crypto currency mode of payments but since then it needs an internet connection to access your transaction. Also, I don't think it needs to kill the fiat because some small establishment needed it unlike crypto currency.

difficult does not mean it can not kill fiat money, now indeed crypto difficult to accepted by part people and best payment still using fiat money
but im thinking in the future while z generation grow up and all everything use internet and by online maybe crypto will used by payment then kill fiat money slowly .... its such a people's thinking about internet 10 years ago