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Bitcoin => Bitcoin Discussion => Topic started by: eDave on December 26, 2017, 04:14:14 PM



Title: Will Societies Embrace The Crypto Finance Model?
Post by: eDave on December 26, 2017, 04:14:14 PM
Sometimes we wonder how long the current financial system can endure. Given how well Bitcoin can perform to lift up some economies in certain regions, a new financial model is quite necessary.

This article: http://freedomwithcrypto.blogspot.com/2017/12/will-fiat-currency-hold-back-bitcoin.html (http://freedomwithcrypto.blogspot.com/2017/12/will-fiat-currency-hold-back-bitcoin.html) really fleshes on it.


Title: Re: Will Societies Embrace The Crypto Finance Model?
Post by: Nubitcoinerr on December 31, 2017, 05:50:48 AM
Some financial systems that look good on paper may not succeed. There is no system where equality and sustainability can last forever that includes blockchain. Things will always change, it's just a matter of time.


Title: Re: Will Societies Embrace The Crypto Finance Model?
Post by: DARKANGEL6415 on December 31, 2017, 09:13:44 PM
I think that different goverments might accept bitcoin as a currency or other wrll established crypto currencies as some sort of currency.  I doubt they will ever embark to make it a worldwide currency as that means alot of countries will need to agree on worth and so forth based on what stuff costs in their countries. For example the United States might have a issue with lets say Africa having same costs as right now one African dollar is no where as near in terms of buying power as a American dollars. 


Title: Re: Will Societies Embrace The Crypto Finance Model?
Post by: hashcoinusa on December 31, 2017, 09:18:45 PM
CNBC has news about seller asking 30 BTC for house in Florida .  So society is slowly adapting the change.