I also believing that bitcoins can never ever replace fiat currency evn if bitcoin will be the worlds currency.Because fiat is owned b government and not the same as bitcoin who is owned by rich peoples.But bitcoin can be in fiat currency line but can never ever replace any fiat
It depends on the power of the ordinary people. If everybody wants to use the bitcoin, bitcoin will replace fiat.
So you mean people are going to make a group and talk about bitcoin and they going to make bitcon more powerful so that they can replace fiat? How we are going to sell our bitcoin or exhcnage our bitcoin? We can't use our bitcoin into physical thing but fiat do..
Bitcoin and fiat has a advantage and disadvantage too. But fiat has more many good side for me like you can buy anything in using a fiat that bitcoin cant do. The thing that I like in bitcoin that the online transaction is anonymously done .