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CryptoCurrency vs. Fiat Money


wilbur

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Posted

many still wants to believe that cryptocurrency especially bitcoin will change fiat money

that's a big no no. cryptoCurrency is the most volatile type of currency 

let's just imagine you buying on a mini stop and you're on the counter with your ice cream,

the ice cream is supposedly 20k sats but a sudden change happened bitcoin went down and you only have 20k sats on your btc wallet

see? 

well it's my personal opinion though

Posted

You're right wilbur. Cryptocurrency is just a secondary means of money transaction for me. We still rely on our fiat currency for buying our needs.

Posted

but crypto currency can be an alternative for paying what you have bought (in the near futute)

bitcoin maybe pretty volatile right now but will stabilize in the long run

btc is currently on its early stage

im not saying replace but as an alternative

  • 3 weeks later...

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