Post
Topic
Board Bitcoin Discussion
Re: Disappearance of cash and bitcoin as an alternative?
by
Ojima-ojo
on 25/06/2023, 22:35:12 UTC
Atm has been disappearing for years now (not completly  Cheesy). With the Covid crisis, people were encouraged to pay by CB on the pretext that banknotes could carry viruses. Some banks refuse cash deposits and withdrawals. Some currencies are worthless: sometimes they're used to fuel fires, or to create bags (Venezuelan bolivares, for example). What does the future hold for cash, and can btc become an alternative?

Thank you
The question shouldn't be can bircoin be an alternative?
Rather of should be.
How has Bitcoin performed as an alternative to cash during the pandemic and social distancing era?
This why another contributor will indeed have something to write on because, since bitcoin's creation, bitcoin has been an alternative currency that is performing incredibly within its limits as a decentralized currency.


So at this point, we have moved way above the point where we talk about Bitcoin's possibility to be an alternative to fiat, and since Bitcoin is anti-inflationary it's now very ok to stake it clearly to know the real status of Bitcoin against the fiat paper money like the US dollars.