Post
Topic
Board Bitcoin Discussion
Re: Without banking bitcoins will be work
by
GeorgeJohn
on 12/04/2022, 22:36:01 UTC
Nowadays bitcoin is connected with banking process. If bank not available. People can't change Bitcoin. So coming future it possible for changing this process. Kindly any one explain me. I need to know. Kindly support and give your adivoce. Nowadays banking is connected all country people and change the all country's currency.
This your suggestion prompt me to come in conclusion that bitcoin can't take over or eliminate the uses of fiat currency, banking system does not give any support to cryptocurrency but fiat currency gives support to cryptocurrencies... what we should have known, is that Bank is a domain whereby money or fiat is been regulated or saved, the same thing is applicable to bitcoin, which wallet is the domain where Bitcoin is kept for period of time.. actually what you need to understand is that fiat is used for exchange of cryptocurrency which decentralized with a centralized currency been fiat. Both work with cooperation because they are all called currencies.