Post
Topic
Board Economics
Re: Cryptocurrency can not replace fiat currency.
by
DoubleEdgeEX
on 05/06/2020, 07:29:28 UTC
The question is, is it even really necessary? It could be an alternative, a second option. Unfortunately that´s absolutely against what a FED or other fiduciary institutions are representing. A CBDC could be a third option as a compromise of states fiat money and digital currency. That would be a technologization of the already existing money, so from one angle it would eb cryptocurrency but not what Satoshi had in mind when creating Bitcoin.