I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
Because, humanity get used to paper money until cryptocurrency and no one don't understand how we can use cryptocurrency instead of note or coin. I think, cryptos can take place of paper money.
Not really, because let's say we live in a world where we only have crypto. What's the price of 1l of milk? 1 Satoshi? 1 EOS? 0.001 ETH?
We have to have fiat and crypto, they can work together. Crypto will make fiat more stable, and it will help poor people because you can create cryptocurrency which someone can earn, and then turn it into fiat very easily.
So, businesses and what not will use crypto for transferring money or something, but they will also have cash in their bank.