Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin is a get rich quick scheme, then fiat is a get poor slow scheme
by
Bitcoinislife09
on 26/12/2019, 18:14:26 UTC
I found this quality topic on twitter and it all caught my attention. I have seen that fiat is the currency of the Government and Bitcoin is the currency of the people, Can the Government Crash? if so the people cannot Crash neither, because so many people are not making good business from the fiat than in bitcoin, which have provided so much job opportunities for users who are online. Fiat will be replaced soon by bitcoin.

Share your thoughts

I think fiat money is surely established today and i don't think it is going to be replaced by bitcoin even bitcoin was a completely revolutionary fiat money is already completely adopted and already use by a lot of years and it is regulated by the government in a lot of countries, unlike bitcoin which doesn't have a regulation and completely have a confusing history. It could be a great alternative currency but I don't think it could replace fiat at this point.