Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MurkaaXX on February 25, 2018, 08:01:48 PM



Title: The crypto currency and the financial system !
Post by: MurkaaXX on February 25, 2018, 08:01:48 PM
How can crypto currency influence on the financial system of nations ? The concept of the nation or the government will be disspear in the future !


Title: Re: The crypto currency and the financial system !
Post by: ItsEzMkay on February 25, 2018, 08:10:06 PM
If you run a centralized state back coin like the petrocoin or whatever Maduro is shilling these days. That is how it can influence the financial system of a nation, don't think that makes government disappear it just masks their power into another form. From fiat to blockchain doesn't change the level of centralization especially a state run coin.


Title: Re: The crypto currency and the financial system !
Post by: iblistenan on February 25, 2018, 08:20:51 PM
Dont think its gonna happend that way, the goverment not just dissapear cause the money controlled by some decentralize platform. And yet you can use cryptocurrency completly and there still fiat money laying around. You cant make fiat be gone cause not all people in this world have access to cryptocurrrency yet.