Post
Topic
Board Economics
Re: harmonization of fiat and crypto
by
Bezobraznike
on 20/05/2020, 22:19:43 UTC
I wonder why people hasn't started to think of acquiring more cryptocurrency now with the Coronavirus outbreak.
The global economy is in high recession and Fiat money is going to lose value.
Some European countries started to acquire cryptocurrency and blockchain even before this pandemic happened.
Afaik Germany already use some of cryptos as financial instruments and there is a list of banks who accepts crypto as it too.
So the progress is decent already.
And we should not forget about digital yuan which is going to come in the market (only local market I guess) very soon, like during this year. China in general is far way ahead of western countries in terms of crypto adoption

   If they are doing that it means we have to be faster and accumulate more. Many of us here believe in
mass adoption of crypto-currencies. And that's the future in my opinion, for 10 or maybe 20 years who
knows, we are living fast and technology is making a huge steps every year.
   Harmonization already exists, people can trade between fiat and crypto-currencies in anytime. But
I believe that over time people will lose interest in fiat, younger generations will not even know what
cash is.