Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is A Better Option Than Fiat Money?
by
jamkesmas
on 12/02/2022, 07:45:06 UTC
it is good for investing but not for transacting, because the price is not fixed so we as owners can feel a loss if bitcoin is in a period of correction,
and I'm not sure all countries accept the existence of bitcoin cs,  into their government, because fiat is easy to regulate even though it always results in inflation

it won't be easy bitcoin Replacing Fiat Money.
Fiat money is a legal tender and will always exist and cannot be replaced. Fiat money is easy to regulate and has become a basic thing in the country even though inflation often occurs.
  all countries do not agree with bitcoin only a few countries agree with bitcoin even though a small part is only for investment assets not for legal payments. Bitcoin in my opinion is vulnerable to money laundering and corruption because it is not easy to trace. and this is a fatal thing in the state that must be avoided.