The existence of crypto currency is an alternative bridge when the value of banknotes will gradually decrease, but based on the value of crypto banknotes it has value. both seem to have a function that fills in each other's gaps.
If massive inflation comes, because confidence in the value of paper money drops, and that's why crypto came to the rescue.
Topic: Crypto will be a trend, Momentum for replace fiat currency in the future? - page 2. (Read 163 times)
April 21, 2021, 11:44:43 AM
April 21, 2021, 11:16:34 AM
During this pandemic, the rate of cryptocurrency adoption is accelerating. Fiat currency will disappear as the use of cryptocurrency increases. The reason more and more people are using cryptocurrency is its function as a reliable hedge for value during Covid-19 as it is today. That way fiat currencies can be replaced by cryptocurrencies, one of which is a 1: 1 stablecoin with a fiat currency such as USD. In the end, stablecoins could replace fiat currencies, although it will still take some time.
How do you respond and analyze to future cryptocurrency trends?
Actually, the thing that you are analyzing has already been analyzed by several other people when the new pandemic occurred, if for now it seems that it is a little too late to analyze because in my country the pandemic has begun to finish and the use of cryptocurrency has started to increase but has not been applied in real life because In our country fiat currency is still highly valued. How do you respond and analyze to future cryptocurrency trends?
April 21, 2021, 11:03:58 AM
During this pandemic, the rate of cryptocurrency adoption is accelerating. Fiat currency will disappear as the use of cryptocurrency increases. The reason more and more people are using cryptocurrency is its function as a reliable hedge for value during Covid-19 as it is today. That way fiat currencies can be replaced by cryptocurrencies, one of which is a 1: 1 stablecoin with a fiat currency such as USD. In the end, stablecoins could replace fiat currencies, although it will still take some time.
How do you respond and analyze to future cryptocurrency trends?
Cryptocurrencies adoption increases for sure, but do we use cryptocurrency for purchasing then definitely not so we still have time for the replacing and I don't think stable coins can sustain if cryptocurrencies replacing the fiat money. How do you respond and analyze to future cryptocurrency trends?
April 21, 2021, 10:50:45 AM
Hey, don't you know that only a fake negative news a few days ago made bitcoin crash by almost 20%. How come a fragile, vulnerable currency can replace fiat currencies? No, even stable coin can't replace fiat when USDT can be printed without any condition. My brightness prediction, bitcoin can be a mean of investment and less volatile.
April 21, 2021, 10:32:58 AM
During this pandemic, the rate of cryptocurrency adoption is accelerating. Fiat currency will disappear as the use of cryptocurrency increases. The reason more and more people are using cryptocurrency is its function as a reliable hedge for value during Covid-19 as it is today. That way fiat currencies can be replaced by cryptocurrencies, one of which is a 1: 1 stablecoin with a fiat currency such as USD. In the end, stablecoins could replace fiat currencies, although it will still take some time.
How do you respond and analyze to future cryptocurrency trends?
How do you respond and analyze to future cryptocurrency trends?
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