Re: When will the role of fiat currency disappear against crypto.

Quote from: lovesmayfamilis on Today at 09:06:31 AM

Quote from: zanezane on Today at 02:58:54 AM

Maybe another century or probably when the humans become extinct, I don't think that we're going to lose our dependence on fiat, Romans and other ancient civilization used a form of fiat currency and they all collapsed as a civilization and here we are still using the same thing.

You are knowledgeable about "paper" money in ancient Rome. Grin

Honestly, this is not the first time I am surprised at your erudition. Again, your double logic. So when using fiat, all civilizations must collapse? Well, your knowledge is just at the level of God.
And if on the subject, then I do not think that there is a need for complete eradication of Fiat. Correct recognition of bitcoin by countries, without all sorts of obstacles, would be an ideal solution for the existence of both currencies.

So it will be more likely that fiat exist along with crypto, and this will give more freedom to people whatever currency they want to use although at the end of the day, fiat will always be the center of finance system. If we are dreaming that bitcoin or any kind of crypto would make it either 10 or 20 years from now, though we know no one holds the future, but i prefer to be more realistic and that crypto will only be more good for an investment, making it as a global currency might be too far from possibility.