Post
Topic
Board Economics
Re: Can cryptocurrencies replace fiat currencies
by
Joca97
on 21/07/2021, 11:01:06 UTC
Cryptocurrency replacing fiat will certainly never happen. Governments and central banks will not allow that to happen. Cryptocurrencies will be the trend in the future and will exist alongside fiat. Cryptocurrencies give people more options in their payment methods or become another trusted place to invest and store assets.

I think when the certain period passes that Cryptocurrency will replace fiat honestly.That might not happen in 10-15 years but in a long run 50+ years i think it might happen as we evolve.Governments and central banks are fighting against it hard but they will end up losing in the end. El Salvador already made future with accepting bitcoin.We will see a lot more countries doing the same thing in a few months or years.