Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Cheryl9058 on November 26, 2021, 06:43:27 AM



Title: Will Bitcoin/ETH replace fiat someday?
Post by: Cheryl9058 on November 26, 2021, 06:43:27 AM
To battle against the control of USD in this way make an grapple for individuals all around the worldwide, or to form exchanges clear in cyber world, Bitcoin was coined by Satoshi(the moment one is more valid). Will the day come when everybody employments Bitcoin in day by day payment(supposing unused tech is connected to maintain a strategic distance from tall gas expense) and in this way fiat gets deserted? Or it won't since the sum of Bitcoin is set and all Bitcin is essentially controlled by capitalists... Obviously , it's about incomprehensible for Bitcoin to realize permant and worldwide circulation due to its tall cost and scarcity, which renders it harder to require the put of fiat but it sounds that ETH is likely to be an grapple and a device for day by day utilize alike, outperforming BTC is feasible. They say, on the off chance that a country is at war or in change, buying Bitcoin isn't astute for its tall instability and USD could be a way better choice.
How do you think :P


Title: Re: Will Bitcoin/ETH replace fiat someday?
Post by: bonyaserg on November 26, 2021, 07:07:29 AM
Personally, I think the world does not stand still. And the cryptoindustry is moving forward, replacing some technologies with others. And in the future, it is quite possible that we will only have digital money, and there will be no fiat money. Where each cryptocurrency will pay some kind of payment. So there are still a lot of different innovations awaiting us that will facilitate the simplification of financial transactions.