In my opinion cryptocurrencies seem too volatile to be used in the future within a cashless society. For example, only a month ago Bitcoin was well above £12,000 and it now sits at around £7,000.
This does not mean I would not like to see it, I would love to be able to spend Bitcoin on Amazon, there have been rumours surrounding this. What are everyone's thoughts?
The process of this project or idea can be more than a decade I think. It will take a hard time to replace fiat money because this money was a the usual object for transaction. It is hard to introduce bitcoin to old people in the society since some of them lack a knowledge for technological advancement