Fiat currency and bitcoin future

[K.Mac]

If, in the future cryptocurrency becomes a major currency in several countries and the fiat currency of that country dissappears, such as USD, EURO, POUND ETC... who/how, will one value a crypto currency against, as there is only other coins to value it?

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[hash25]

it takes a long time to displace them significantly and replace conventional money, which is. the owner of a conventional currency will certainly not remain silent, that's one obstacle. for users who are outside of the internet or four remote, it might be difficult to use crypto currencies because they have to be obliged to connect to the internet, and in remote places it is usually quite difficult to get an internet signal.

[khoapham89]

If, in the future cryptocurrency becomes a major currency in several countries and the fiat currency of that country dissappears, such as USD, EURO, POUND ETC... who/how, will one value a crypto currency against, as there is only other coins to value it?

I think that never happen. Fiat currency will be never disappear. It look like be inconvenient but very necessary.

[eann014]

If, in the future cryptocurrency becomes a major currency in several countries and the fiat currency of that country dissappears, such as USD, EURO, POUND ETC... who/how, will one value a crypto currency against, as there is only other coins to value it?

I don't think it will happen in the future, because in my opinion, it will be going to have a big adjustment to all of us if fiat will disappear, and cryptocurrencies is just our currency, it will make us a hard time to use it and to adjust for all of us especially there are still most of us doesn't know about cryptocurrencies, and they are just relying on fiat. Fiat for me is important because it has a stable value, unlike cryptocurrencies.