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RE: Will Cryptocurrencies Replace National Currencies?

in #cryptocurrency7 years ago

Andreas Antonopolous was asked this question, and he gave a fascinating answer. He said it's equivalent to asking, at the time, if email and the internet are going to replace fax machines.

It's not that they are going to replace the existing currency system. That are going to usher in a whole new system and paradigm that we have never seen before.

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I love that response! Nobody comes close to Andreas.

Yeah he's great to listen to.

I'm amazed by what you said about Estonia!! I'm going to have to look into that, if it happens that would be pretty crazy.

They were planning on doing it, but then the EU stepped in and told them that they weren't allowed. They have no choice but to use the Euro. So probably won't happen now :(

Yes. It was a very good answer. That's what gonna happen