Do You think that at some point in our society, Cryptocurrency will be our daily fiat and be an essential part of our economy? Can you cite your ideas on how Cryptocurrency change our Fiat?
I think cryptocurrencies will really change the fiat money because on how the world evolve, just imagine, in the primitive times people are not using fiat money but they are using bronze, silver, and gold as currency but as times past by, the currency have change to fiat money or paper money, so I think someday Bitcoin or cryptos someday will change the fiat.
What you have forgotten is that some of those things you are referring to as old currencies like gold, silver etc, are still being used today as currency even though not hugely. This shows that in the long run, there is still a huge possibility to see fiats being used even if cryptocurrency start becoming something highly usable. However, I still believe that so many things will change though with the usage of cryptocurrency as it will become widely used globally but to what extent is what no one can really say for now.