It will take some time for crypto to be adopted as a world currency. But I wonder if that is the intent of cryptos or what is best for cryptos.
Posted Using LeoFinance Beta
It will take some time for crypto to be adopted as a world currency. But I wonder if that is the intent of cryptos or what is best for cryptos.
Posted Using LeoFinance Beta
I don’t see any real crypto being a official reserve currency unless it’s a centralized one created by the world governments. The decentralized ones will be Widely used and grow but not official reserve. Mainly bitcoin but not in some official status.
If we go to world digital currency that is universal to all countries it will be an absolute disaster. No conversion rates, no buying power like we currently have over just about every country. Think of all the countries that currently have completely useless fiat, they would be even with every country then. It won’t work.