Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the future - El Savador
by
Maidak
on 30/12/2021, 02:55:55 UTC
'The dollar is no longer relevant; Bitcoin is the currency of the future,' argues President Nayib Bukele of El Salvador.
Sure, BTC is the future currency but that doesn't mean we are no longer need dollars or fiats.
President Nayib seems to cheer himself up or he really plans to remove dollars in El Salvador? But I am not sure it can happen, we cannot deny using fiats/dollars, especially for economic business purposes among countries. I mean, if you want to buy any kinds of stuff from other countries, they will ask for the payment in fiats/dollars, not in crypto coins.

Right, actually in the future we might be not seen any physical currency. we can see those paper shit on the museum and textbook.
I think the day is not far away, all dollars and fiat money will be truned into electronic system, you just able to send your electronic dollar to someone via ATM/Debit card.

Now a days paper money is useless, it cost govt to make paper money, personally I didn't use any paper money last couple of months. I've gotten my salary on my credit card and I used my debit card to purchase products and foods from super shop and grocery shops, all are electronic.