Quote from: Samlucky O on Today at 06:37:57 PM

Quote from: CTO114 on August 13, 2025, 06:29:08 AM

We experience and will still experiencing the waves of changes and uncertainty. Will Bitcoin eventually replace Fiat currency? Why or why do you not think so?

We have discussed this over and over again that Bitcoin will not replace fiat, fiat will always be fiat and Bitcoin will be Bitcoin. Both of them will be used together. Bitcoin only function as an alternative to fiat and not replacing it. Fiat will be used for local and physical transaction while Bitcoin can only be used for online transaction. The point is that Bitcoin can never replace Fiat no matter the advantage it has over fiat. Each country must surely have their currency while Bitcoin serves as a universal currency that helps to reduce fiat inflation and works as a dentralized financial system and instead of centralized.

The truth is that even while we are having all this discussion about Bitcoin and it's existence not everyone knows about it, and I don't think everyone around the world will consider will ever consider using Bitcoin for any reason based on their own believe and it is there choice which we have to respect them too, another thing is that not everyone can access the Internet not even to talk about knowing how to read and write, it is true Bitcoin is never in a fight with the Fiat currency that is to say the Fiat currency will continue to exist no matter the high level of visibility Bitcoin will achieve.