Level 0

Will cryptocurrencies replace Fiat currencies in the future?

Fiat currencies are currencies without intrinsic value that has been established as money, often by government regulation. Thus, every modern currency is a fiat currency. Can cryptocurrencies replace Fiat currencies?

Posted by: IMOH Umana, 2020-04-23 12:03:20 Posted In Economy
Level 0

Will replace in any case, it’s just possible it will not be Bitcoin, but some kind of currency created by the World Bank. We already observe how during the pandemic, few people pay in cash, the card is already a kind of digital money

Posted by: acid, 2020-04-23 17:40:47
Level 0

It is possible for bitcoin to replace Fiat currency but not in the nearest future. It may even be another developed cryptocurrency but Fiat currency will still definitely be used, it will only be replaced partially.

Posted by: Daniel Mathew, 2020-05-07 11:21:16
You must login to post reply!