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Economics , Sociology & Politics / Re: Can cryptocurrency make real money disappear
« on: May 08, 2024, 11:41:35 PM »What are the chances of living in a world with no actual money ?
I think personally that cryptocurrencies won’t make FIAT useless, but I think that cryptocurrencies will work hand-in-hand with FIAT money. Especially in countries like the United States, and the other first-world countries; A lot of companies such as Boosteroid etc. , create usefull cryptocoin which are making transaction cheaper and easier.
Cryptocurrency are alternative payments methods, they cannot totally replace fiat system.they might come times where you have to pay with fiat and so we cannot expect cryptocurrency to take out fiat totally. Though in the future, we might see people adopting digital financial system more. Because it's far more easier and one can have control of his funds if he wish, compared to fiat Which are generally controlled by the government.