Post
Topic
Board Altcoin Discussion
Re: Crypto will be a trend, Momentum for replace fiat currency in the future?
by
sulis sudibyo
on 22/04/2021, 05:40:16 UTC
During this pandemic, the rate of cryptocurrency adoption is accelerating. Fiat currency will disappear as the use of cryptocurrency increases. The reason more and more people are using cryptocurrency is its function as a reliable hedge for value during Covid-19 as it is today. That way fiat currencies can be replaced by cryptocurrencies, one of which is a 1: 1 stablecoin with a fiat currency such as USD. In the end, stablecoins could replace fiat currencies, although it will still take some time.

How do you respond and analyze to future cryptocurrency trends?

in the future crypto will be fully adopted. and the speculation of crypto replacing Fiat became real. governments in each country will issue their own stablecoins, whether it be on the ethereum, tron or bsc network. but certainly the current crypto trend is one of the initial triggers. but even though crypto has been adopted, centralization has never completely disappeared.