Making
the switch from fiat currency to Bitcoin is quite difficult, and creating bridge services that work between the two is a multi-million dollar affair involving placating established banking partners and complying with a large body of regulation.
Not exact matches
OMG is unique in that they'll be able to easily
switch from using
fiat money to using decentralized currencies — like ETH, BTC, and others.
I don't think it's accurate to imply that the
switch from a hard currency to
fiat resulted in USA becoming a debtor.
Quite simply if the price was pegged to
fiat currency before, then
switching the peg to a stable cryptocurrency rate of a higher value
from the
In the future, the
switching of money
from one form of cryptocurrency to any form of
fiat currency like the dollar or so on, will cost a solid amount of money.