Post
Topic
Board Bitcoin Discussion
Re: Government-issued cryptocurrencies will never be able to completely replace BTC
by
Chato1977
on 24/11/2021, 04:11:45 UTC
Some may fear that a government-issued cryptocurrency would eventually supplant Bitcoin. This is absurd. It merely substitutes a blockchain for the wire transfer of a fiat currency. It precludes a really free exchange of value between any two random locations on the planet without the intervention of a third party. A government-issued cryptocurrency will inherit all of the fiat currency's flaws. It will squander energy as a result of perpetual inflation and regulation.

What are your thoughts regarding this matter?
Let those SOME fears that but us? who knows and trust Bitcoin will never Buy this kind of story .

Bitcoin will never take down by coins that simply created by government even if this is a crypto from US itself.

The probability of bitcoin being replaced is by another currency that decentralized and private.