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RE: WTF is Money? And why Bitcoin is more than just a currency.

in #crypto7 years ago

Great write up. There is no denying cryptocurrency is the future and it is likely fiat as we know it will become crypto variants that can flow easily into exchanges. For example, the GBP (UK currency) will be a crypto at some point, it will be accepted by the HMRC for tax and companies will pay out into wallets the GBP coin... Inevitable.

Yet, so many things have to change before that future is a reality. Most of all people have to accept it and despite millions loving crypto, most don't know it, don't get it and won't trust it. Just as your content says. People take time to adapt.

It's going to take many years before fiat as we know it (bank notes) is sidelined. Which gives us all time to hodl and become incredibly filthy rich hehe.

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Thanks for your comment, nice insight! Indeed, there is still a long way to go. One important aspect of adoption is user experience, which at the moment, is not that great... Dealing with cryptocurrency should become as easy as sending an e-mail from an iPad. I guess we're not just there yet.

Let's hodl and enjoy the show! 😜😎

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