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Topic: Do you believe that digital currencies will replace Fiat? - page 20. (Read 5188 times)

hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
fiat is already half "digital", it doesn't have to be the far future. soon it will be 100% digital and most probably a big part of it will involve blockchain technology because of the way banks are currently working on it with so much interest.

but things like bitcoin (a decentralized cryptocurrency) will always remain as secondary option in my opinion. it can not "replace" fiat.
sr. member
Activity: 350
Merit: 250
Maybe, not impossible but will take a lot of time i guess, there are a lot of people who has less knowledge in technologies, once their generations passed, blockchain tech will soon be known by the world and that time fiat may be out-valued by cryptos.
full member
Activity: 364
Merit: 100
I know it may not be possible right now, but do you think fiat will be gone in the future?

if it is lost entirely it is not possible, because in the interaction there must be an exchange process, so cash money will definitely be needed and will not disappear from the market but may not dominate again
full member
Activity: 126
Merit: 100
I know it may not be possible right now, but do you think fiat will be gone in the future?
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