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Author Topic: Do you believe that digital currencies will replace Fiat?  (Read 5118 times)
ujjwalsethi
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December 25, 2017, 08:36:39 PM
 #381

Yes for sure at some extent it will remove previous currency and soon it will touch great heights and it will go on moon and previous currency will be vanished. It will be very beneficial for the new people that it will provide a great profit to them. So it is a good news for the investors.

bbjay
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December 25, 2017, 08:46:14 PM
 #382

I think it would be very difficult for digital currency to replace fiat completely because government still want to be relevant in making major decisions as regard to his country. Both will continue to exist as long there is life and remember it is even fiat that make digital currency more acceptable because both can be change to one another for transaction.

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sapnu
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December 26, 2017, 10:59:48 AM
 #383

Maybe, not impossible but will take a lot of time i guess, there are a lot of people who has less knowledge in technologies, once their generations passed, blockchain tech will soon be known by the world and that time fiat may be out-valued by cryptos.
I dont think that will happen. But we cant predict. Maybe that will happen but for me there are so many disadvantage of digital money. Whats wrong with fiat? I think thats enough to use and digital money to be use to buy things online.
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