Quote from: nydiacaskey01 on December 24, 2019, 01:36:57 AM

Quote from: Kupid002 on December 06, 2019, 12:09:13 PM

Fiat will be replaced by crypto currency but i dont think it will be bitcoin. Government want to control everything and even fiat money , bitcoin cant control by the governement so they will create thier own and will use blockchain technology to make a new way of payment before fiat currency fall.

How can cryptocurrency replace fiat if cryptocurrency is not fully controlled by the Government? I dont think there will be a Government that will allow their current currency to be totally replaced by cryptocurrency.

The government's fiat could be totally replaced by cryptocurrency only if the cryptocurrency replacing it is of their own making and full control. Other than that, any other cryptocurrency will remain an alternative currency which will be allowed to be of use by the citizens depending on the decision of the powerful government.

Quote

Quote from: Yourhomeboy on December 06, 2019, 12:14:26 PM

Sure the government cannot control Cryptocurrency but the Government is likely to Crash too

Can you elaborate more on how the Government can crash? Maybe it depends on the power of their currency, if its US, they have a strong currency unlike other currency.

Some governments are crashing. The middle east, Latin America, and the African continent have examples. But there will always be another government that replaces the one which crashed.