Post
Topic
Board Economics
Re: harmonization of fiat and crypto
by
princeyeboah
on 21/05/2020, 00:52:58 UTC
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.
Cryptocurrency will not replace fiat because Fiat has got the full support of the governments all over the world. Rather, fiat and cryptocurrency will co-exist under strict rules in the near future. Many cryptocurrency projects like Hubrisone and DIVI are working towards this hybrid approach to make fiat/crypto usage and conversion easy as possible for users.