Topic: Thought about future (Read 202 times)
Okay guys, the main argument against is that some countries resist blockchain revolution. Correct?
I don't think bitcoin ever replace fiat money but would be considered as another currency
I think bitcoin never replace fiat money, because many county don't want to legalized bitcoin, maybe bitcoin just can transaction in a few merchant in a future if possible : like an electronic merchant or online merchant.
Being very popular and part of new technology does not necessarily mean that will replace "paper" money any time soon now. You do know that there are many nations that struggle with education, unemployment, have bans on internet access or they do not have it at all. But it will surely act as a method of payment and it will spread a lot faster in 2018 when possibly major companies start accepting crypto. But still, I could be dead wrong, I might live to see the time where fiat money is out of the picture and people rely on crypto which will be stored in their body or something like that.
I don't think Bitcoin will ever replace fiat money. I think Bitcoin will act as a "gold standard" for storing wealth. I think other crypto coins will be used for things in our everyday lives.
bitcoin i think may have a chance to replace fiat money but i think we may use another coin in daily life because rightnow, bitcoin speed in transactions is very slow.
i guess in 2020 , when every one knows bitcoin and learn how to use it!
How soon do you think bitcoin will replace fiat money?
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