Post
Topic
Board Altcoin Discussion
Re: Crypto is here to stay.
by
Yamifoud
on 18/11/2022, 21:48:20 UTC
Crypto is here to stay.
In the future maybe become as alternative for cash. Many think it will become the alternative for digital payment, yes... but maybe only for cash transactions that are no longer possible in the future? In Germany, there are a few banks that no longer offer cash in the stations. If more banks follow, where will you get the Cash over the next few years? From private sales and how do you turn cash into digital? Bitcoin is an alternative.
It was expected to become an alternative to fiat money - that is really what it meant to be. However, the adoption isn't as fast as we think, it is very slow due to people aren't ready yet. Yes, some countries are already adopting a such form of payment but as we can see, the majority were still relying on fiat. Let us say that major cities and countries have used this already but for sure many people continue to hold and use cash themselves.