How BFICoin can be a replacement of paper money?
BFICoin is not the future. It is the present. The BFICoin is already here to rule. BFICoin is building the financial eco system in the world, which catering to the need of each individual.
Technically speaking, anything can qualify as money as long as the receiver and sender agree. That’s how the barter system existed for years. People would get rice in exchange for flour. Or, salt in exchange for sugar. Until, they realised that not everything is available or can be grown in the same amount. This made certain goods more valuable than others. For example, 1 litre of petrol is more valuable than 1 litre of water.
The paper currency has helped achieve some stability and has attached value to every good and service. There is a generation that believes that paper currency may also lose its value or perish like other currencies over a period of time. One of their concerns was also around the centralisation of fiat currency which gives power to banks and governments over the hard-earned money of people.
Cryptocurrencies emerged as a way to decentralise money after the financial crisis of 2008. There was a bunch of people who believed that as more and more people will start buying these coins, their value will increase, and they can emerge as alternate to the paper currency.
But after the emergence of bitcoin till now there are more than 1,000,000+ coins and tokens in the market but they all forget the basic ideology behind the development of cryptocurrency. BFICoin is targeting the ideology of the cryptocurrency development. BFICoin is creating the real financial eco system.
From waking up in the morning till you sleep, your activity or need can be served through the projects of BFICoin.
Any currency can only become a leader currency if it is acceptable by buyer and seller both, BFIC is creating ecosystem where buyer and seller Bothe can be profitable by utilizing BFICoin in their daily transaction. From buying grocery to making investment, one can utilize BFICoin.
To know more about the projects or details of BFOICoin,