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RE: Vitalik: Cryptocurrency Will Not Replace Fiat

in LeoFinance3 years ago

I agree I don't see it replacing Fiat at least any time soon there are major issues with it still. That however doesn't make it any less valuable. There are still huge benefits with it over the fiat system which provide it's demand and wealth. Interested to see what triggers the next bull run this last one was focused on gaming, defi and NFTs

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Bull and bears do not really affect the utility or use case. So depending upon that to clarify the situation doesnt really amount to much in my opinion. The bear can clean out the excess and garbage but that is all.

In the end, it is the development of different systems that will provide the utility. Sadly, since most dont know how the monetary system truly operates, they really are left trying to figure something out without knowing what is going on.

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