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RE: CryptoCurrencies: doomed future or mankind savior by 2050?
Nice write up, i think a good alternate is to ditch the fiat completely, , well maybe not completely but have a cyrpto backed bye silver or gold and create our own economy were fiat is least used..
There is also a "time " token which i think is quite interesting , and could fit into this ecosystem nicely..
Thx for your kind reply, I agree but as you know before ditching completely, several core questions would have to be answered and the main ones are about debts, and how to transfert the value of the FIAT to the CryptoCurrencies?
Maybe that's the step even further, I mean the first step would be to regulate and sort of recognize them as real alternative currencies. Maybe after that (and that will take quite some time imho, like 2 or 3 generations to get used to the first step) or maybe sooner if the FIAT crashes completely, I only see that possibility for a fast replacement by CCcies at the time we're speaking
we dont need to tranfer value of fait to cc.. there is no value in fiat, if we make a cyrpto backed bye gold or silver, then that can be some sort of liquidty of the ccs.. cryptos dont need to be regulated thats the whole point, something central banks cant control