Many of us dealing with cryptocurrencies like bitcoin see a future where fiat will be overrun by it. Of course since we're aware of the advantages of crypto, we're going to have the perspective of a digital monetary system in the future. But for thr majority that doesn't know btc that well, they won't see btc to be a threat yo something that they've been using ever since. We'll see in a few years but its likely that fiat and crypto will both be used
In this thread I already asked about how two economics can live side by side?
In my conception social structure and economical structure are reflecting into each other. If to simplify this to basics, than we will need two social structures to serve two economical? In my mind it's the worst case ever to let this happen, cause if on one hand you have a brilliant technology that eliminates financial domination and eternal slavery and on other the eternal slavery as it is, than only huge dose of hypocrisy will let this system run stably.