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    Thread: do you believe that fiat will be around forever?

    1. #1 Collapse post
      Otto619 is offline
      Junior Member Otto619's Avatar
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      No, I do not believe that fiat currencies will be around for ever. There is a gradual tendency towards digitalizing money, veven among the world's central banks. For instance, the Chinese central bank has floated the digital yuan and there are reports that both the UK and Germany are considering taking the same step.

      At some point in the future, cryptocurrencies will definitely replace fiat currencies all over the world.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Aya is offline
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      Quote Originally Posted by Otto619 View Post
      No, I do not believe that fiat currencies will be around for ever. There is a gradual tendency towards digitalizing money, veven among the world's central banks. For instance, the Chinese central bank has floated the digital yuan and there are reports that both the UK and Germany are considering taking the same step.

      At some point in the future, cryptocurrencies will definitely replace fiat currencies all over the world.
      It is possible that cryptocurrency will be openly used globally but I still don't think that it will ever be able to replace fiat. How do you think will other parts of the world be able to access digital coins? It is hard to replace fiat.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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