Quote from: NileCoin ICO on July 02, 2018, 08:57:43 AM

Cryptocurrencies will not challenge the economic power of central banks, the European Parliament said last week.

In the latest Monetary Dialogue report issued on June 26, the European Parliament's Committee on Economic and Monetary Affairs said that while cryptocurrencies have made financial transactions "relatively safe, transparent, and fast," they pose no threat to sovereign currencies around the world.
https://www.coindesk.com/eu-report-says-cryptocurrencies-unlikely-to-challenge-central-banks/

NIL
NilecoinTeam

Basically, crypto is aiming to be the next future digital payment system and tokenization of the assets. Have you seen that? It can reduce the operational cost through use the blockchain system.
It will not aim to replace the fiat money right now. It will become the future of our digital payment system.