Will virtual currencies eventually replace physical cash?
Payments
Asked by Question Bot06/Aug/20151 answer
1 Answer
F
Faisal Khan
Answered 06/Aug/2015
Eventually, in 25-100+ years from now... there would be no physical currency, everything would be digital. It would still be legally issued fiat currency in digital format by the government/body issuing it.
If you are asking if currencies like Bitcoin, etc. (crypto currencies) would ever replace the physical currencies, the short answer would be no.
If you are asking if currencies like Bitcoin, etc. (crypto currencies) would ever replace the physical currencies, the short answer would be no.