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RE: Vitalik: Cryptocurrency Will Not Replace Fiat

in LeoFinance3 years ago

Yeah I think that crypto is going to exist in tandem with fiat the way it does now. It’s going to be hard to let go of fiat and transform it into some type of crypto and certainly the old money doesn’t want that because their values are in the old way not the new, for the most part. Rightly so in many ways, because you don’t want to upend things that are highly fluctuating the way crypto is. Stablecoins are sort of stable but not as stable as something like USD looking at a 10 year window.

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