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RE: Daily: Will Bitcoin replace Fiat? ICOs = Kickstarter?

in #bitcoin7 years ago

Yeah, I am exactly saying this. Crypto's can become a great investment option in the long run like equities but it can never cross the fiat currency border. It's decentralized my friend, it'll only replace fiat if it will be centralized. And if it ever become centralized, then the whole purpose of crypto's will be lost.

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My feeling is that alot of Countries is going to make "Official cryptos" Before any decentrilised cryptos becomes main stream. Smaller/poor countries will probably adopt decentilised options way faster as they have "real" infrastruction probelms already.