Quote from: Eugenar on April 24, 2020, 05:55:29 AM

I don't think that it would be possible in future, even though cryptocurrency has been used by so many people around the world, even though it is really helpful for everyone who is using it, it cannot still be a standard currency in the future because as what we all know it is decentralized, which means it cannot be handled by the government and its volatility makes it not suitable to be used for daily lives.

I think cryptocurrency is only good as an alternative currency for fiat currency, it is meant to be converted to fiat currency whenever we want to.

Yes..i agree. also governments will go extraordinary limits to avoid using any type of decentralised solutions..as they always like to have control over their monetary policies.

but bitcoin will always have it's place...especially in these "more debt" is ok conditions...bcas eventually after all the issues sorted out and all bailouts are done...an economy needs growth to satisfy people and also pay interest on these huge debts (more taxation is also a solution, but it makes situation worse in terms of growth) so eventually you need atleast a small amount of inflation to grow....inflation is a beast of its own & uncontrollable...so people will always look for inflation hedge, alternative ways to hold cash and in terms of utility also bitcoin will grow.

There will always be a place in future for bitcoin...but will it replace fiat...i don't think so!!!