It provided more transfer utility to target interest rates and do fractional reserve.. however we may see a better form of money thru cryptocurrency it will take time for market to switch but we will
Cryptocurrency is not a real store of value, though. It is basically at the same level as fiat on Exter's pyramid. Wealth is derived from resources and labor. Cryptocurrency will always be the bad money driving out good money compared to an actual resource/commodity based currency whether it's gold, silver, oil, or some other substance. The problem that it's very difficult to remove counterparty risk on things like uranium and oil always switch roles back to metals such as gold and silver instead.
It is the natural state of affairs. You can't regulate what is natural. So nature is a scam? 
Did you forget what the free market chose to do in the 1800s by preferring to use fractional receipts instead of trade physical gold.
Did you forget what the free market chose to do in the 1800s by preferring to use fractional receipts instead of trade physical gold.
The last time I checked, nature does not derive yield from resources that don't exist. It's just accounting fraud established by the boiling frog method where you increase leverage slowly and nobody seems to care since their bank hasn't collapsed yet...until it does. Then the fact that the scam has been uncovered for hundreds of years is papered over with economic pseudoscience where the common serf believes there's a predetermined amount of leverage science discovered that banks utilize where they won't implode. The serfs believe the system is a finely tuned Swiss clock. It's more like:
