Can cryptocurrencies serve all the purpose related to transaction of money and provide the same flexibility, stability and reliability as fiats provide?

avatar

Can cryptocurrencies serve all the purpose related to transaction of money and provide the same flexibility, stability and reliability as fiats provide?


Greetings steemians!


Image source

Blockchain technology introduced cryptocurrencies which are seen as the alternative of fiats by some people. It may be possible one day that cryptos may replace fiats and become the only method of all forms of money transactions. But, can cryptocurrencies serve all the purpose related to transaction of money and provide the same flexibility, stability and reliability as fiats provide?


  • No.

  • Yes.

  • Only to some extent.

  • Other????

Answer the question at dpoll.xyz.



21 comments
avatar

Voted for

  • Only to some extent.

It's still 'too confusing' for the general public to utilize. Once people become more familiar with the technology, or once it's made 'easier' to use it will have a much greater chance.

0
0
0.000
avatar

Voted for

  • Only to some extent.

To a majority of an extent probably.

0
0
0.000
avatar

Voted for

  • Only to some extent.
0
0
0.000
avatar

Voted for

  • Only to some extent.
0
0
0.000