Post
Topic
Board Economics
Re: Can Bitcoins kill Central Banks?
by
TimeTeller
on 14/02/2022, 21:56:22 UTC
snip
something impossible happens, I think the central bank will not be replaced by bitcoin. not everyone can accept bitcoin in their daily life.
Very impossible to happen and we couldnt really deny that fiat or government does have significant usage on where we get used too and just like others been saying
that even Bitcoin or crypto market progresses and able to emphasis that decentralization but still we need some authority to make things in order or organized.
It is really just people are way too optimistic on things and believing that bitcoin could kill central banks? This is something that couldnt happen even
on my own dreams because they wouldnt really just let it to happen.

We can't say impossible but as of the moment, there's no chance that bitcoin will replace the fiat system.
I understand people are being bullish with btc, but to the point of replacing the financial system is still a dream.