You are probably aware of the recent news about removing the fiat money for good and building up the cashless world.
Have you thought that bitcoin maybe the first step of this utopia? What if CIA behind this project? Would you still keep your money as bitcoins? Would you trust them? Do we know who the hell is Satoshi Nakamoto? I suure don't.
There is one big danger ahead. If the paper money gets removed, you will have no choice but to accept to get paid in crypto currencies. And to the big point:
If you keep your money in a goddamn computer, the government can rip you off instantly if they wanted it. I am not saying they aren't doing that already as most of us are keeping *our wealth in the banks. But cryptos will make their jobs easier. Much easier.
What if bitcoin price rises to 1.000.000$ and gold and USD become literally worthless? That's when bitcoin will be the world currency, and people gonna realise that gold is just a stone, USD is just a toilet paper.
Your won't have another choice but to store your money only in crypto, because the other choices will be worthless!
I am not sure if that's a good thing. Being dependent so much on computers just scares me.
You have a point there but as no one controls the cryptocurrency its hard to replace fiat and gold,its user don't just depend on the existence of cryptocurrencies but rather used it as an alternative way of earning.Altcoins and bitcoins only depends on the demand,it increases its value if the demand will rise up,and now that bitcoin has gone deeper and slowly rising up its as good as saying its consistency in the market is not permanent and it will never stable.So far bitcoins trust ratings wil never stabilizes so i think your fears is just too far to happen.