As the resident bitcoin skeptic at CCN.com, today I’ll be looking at the myth that bitcoin will one day replace all fiat currencies. The Bull Fiat Currency Case for Bitcoin The bullish argument goes as follows: governments are increasing their borrowings to unprecedented and unsustainable levels. The debt burden will eventually cause governments to collapse, […]
The post The Bitcoin Skeptic: Why Bitcoin Will Never Replace Fiat Currency appeared first on CCN Markets
source https://www.ccn.com/op-ed/the-bitcoin-skeptic%3A-why-bitcoin-will-never-replace-fiat-currency/2019/08/08/
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