Quote from: fara_buduk on December 15, 2021, 10:12:35 PM

Quote from: Zilon on December 15, 2021, 01:44:44 PM

Quote from: Agbe on December 10, 2021, 09:21:03 PM

Can Bitcoin really weaken the Local Currencies in the Developing Nations?

This is one of those blogs that wishes to stare up reactions from there blogs there is only little Bitcoin can do. Bitcoin might weaken local currencies in developed countries but to an extent and can't replace local currencies due to its high volatility and instability in price. Many developed countries are still scared of Bitcoin to be more precise because of its decentralized nature which makes it more difficult to centralize

right bro....
even though we know the development of online shops, e-commerce, and marketplaces, there have been many digital payments, but using bitcoin in general is very difficult, maybe most e-commerce will use their own more stable tokens or other stable coins.

but for my country, where cryptocurrencies have not been legalized, it is difficult to announce payments with tokens. maybe in the future we will find it but not for now. I also realized that many of them use digital money for payment via deposit, but the digital money has also been registered by the government so that it is freely used for transaction purposes.