Post
Topic
Board Economics
Re: Cryptocurrency can not replace fiat currency.
by
Jorge158
on 05/06/2020, 00:43:31 UTC
I don't think the idea behind Satoshi's creation of Bitcoin was to displace fiat totally from the system. His aim was to create a payment system which offers better and revolutionary solutions to the old ones we had. Fiat already has support of the government and used as a significant metric for measuring the economic status of a country.