I think that paper cash will end sooner that we think.
As of today some countries in EU quietly saying about abandoning
paper money. I think i was Sweden and Denmark.
"cashless society" is how they call it
If this work for them, i see no reason other states move in the same direction.
It doesnt mean that fiat is over its just may be the over of "paper"
Yes it's the scandinavian countries Norway and Sweden doing big steps in this direction. Denmark is pretty close to them.
But this is a pure nightmare to be honest. Sure for the banks and governments a dream is coming true.Total control and surveillance.Everyone who tries to move out of line will get cut out from the monetary stream.Suppression couldn't be easier.
Isnt this done in connection to the basic income?
Literally EVERY citizen recieves a basic income, which will guarantee his basic needs.
Everything else is free market, well, free market with regulations.
This would definitely not support BTC in any way.