Pages:
Author

Topic: What if a change in people's views? - page 5. (Read 546 times)

hero member
Activity: 1428
Merit: 836
Top Crypto Casino
March 07, 2023, 07:34:14 PM
#3
what are your thoughts on what if the majority of the population all of a sudden sold all their fiat and put it into a crypto? like BTC, do u think the system or part of the traditional finance system see some type of impact/disruption?
That's a dream that can only done in a dream. Why would you thought something like that when bitcoin cannot replace fiat in any aspect of monetary system and matter of fact. Yeah, we are so called "bitcoiner" here, but don't be so delusional. Such thing wont come true.
legendary
Activity: 1414
Merit: 1108
March 07, 2023, 07:15:54 PM
#2
what are your thoughts on what if the majority of the population all of a sudden sold all their fiat and put it into a crypto? like BTC, do u think the system or part of the traditional finance system see some type of impact/disruption?
It is a what if that cannot happen. You can't expect fiat to be out of existence, we arrnt ready for that just yet and not sure we would be in the next decade or even a century. Where would that keep the physically challenged like disables, those with the difficulty to read and write or compute? Definitely there won't be a world for them no more and you can't say the path to literacy would be easy for everyone. That as much as many other factors such as, networks and what it takes to afford devices that can be used in having access to the crypto space.

There isn't a what if in this and I don't see it being some permanent solution to inflation even. Scarcity has its on effects on a commodity.
member
Activity: 512
Merit: 33
The Quest of the Best Information to the Solution
March 07, 2023, 05:59:26 PM
#1
there will always have some sort of inflation
the push pull for sure
but that is dependent on many variables etc, at least it is possible to get rid of one form of\ inflation if the entire market place was based on a money system that had a limited supply
what are your thoughts on what if the majority of the population all of a sudden sold all their fiat and put it into a crypto? like BTC, do u think the system or part of the traditional finance system see some type of impact/disruption?
Pages:
Jump to: