Do you think Blockchain is going to replace hard currency?

+1 vote

Do you think Blockchain is going to replace hard currency?

asked Jan 29, 2018 in General by Lismen (820 points)

4 Answers

0 votes

I think not, at least not in the near future. But blockchain technology has many advantages in financial services. You can read more in this article https://www.innovecs.com/ideas-portfolio/blockchain-financial-services-main-advantage-technology/

answered Jan 30, 2018 by Yanns (1,070 points)
0 votes
I bet the Lydians were asked a very similar question when they made the first coins: Will coins actually replace the trading of actual good?

Then not so long ago the gold standard was dropped...

Times change... the concept of currency changes with it.

 

https://www.bullionstar.com/blogs/koos-jansen/the-concept-of-money-and-the-money-illusion/

 

https://www.thebalance.com/what-is-the-history-of-the-gold-standard-3306136
answered Feb 1, 2018 by TriggerXI77 (2,460 points)
0 votes
I think that no, it will be taken under control.
answered Feb 2, 2018 by Kulltt (1,100 points)
0 votes

I suppose that today blockchain technologies are a really progressive thing, well if they hired a company like HANHIT GROUP LP (found out about them from this site https://hanhit.com/), there`d be much less fraud I think, well, I have heard that such techhologies are going to be implanted everywhere, that`s really cool!

answered May 21, 2018 by Trellkot (2,930 points)
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