Vitalik Buterin believes that cryptocurrencies won't....(Click to find out)

Howdy peeps!!! Hope everyone is having a good Friday and a better weekend ahead, scroll down below to find out what the Canadian ETH co-founder has to say about cryptocurrencies.

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First of all thank you for scrolling down, let me give you the down'lo it seems Vitalik believes that cryptocurrencies will not replace FIAT.

He stated: “I do not expect cryptocurrencies to take over the world. It’s about cryptos and digital and governments.” And I agree with the kid, it's not about crypto taking over FIAT, but become an integral part part of it, a mix of both. He tweeted that traditional currencies have done a decent job remaining "stable". All thou inflation is making people's purchasing power decrease over the years with the help of cryptocurrencies I believe this will empower people back to have some sort of purchasing power and giving FIAT and the economy to stabilize once both are working in tandem / harmony then that is when the true magic will appear, Vitalik stated that FIAT needs to be understood on how it works before it's dismissed, here's the tweet:

We know that FIAT right now due to inflation, COVID, Ukraine situation, energy has a grim future ahead and excess printing from Central Banks don't help, I believe that Crypto is here to help US not loose it all, all thou with current market conditions and the fear & greed is also not helping the crypto market it is finding its own way to stabilize both markets, no one said it would be peaches and cream right?

Anyways stay safe and be well my friends!!

By Parth

Source: 

https://www.cryptonary.com/ethereum-co-founder-doesnt-expect-crypto-to-take-over-the-traditional-fiat/

Do you think Vit should stick to what he knows? or you think he is right? Drop a comment below to share your thoughts on this 👇👇👇

Your friendly cryptor, AndyHuerta.