The European Parliaments Committee on Economic and Monetary Affairs (ECON) has come up with a report on cryptocurrency entitled Virtual currencies and central banks monetary policy: challenges ahead. The finding of reports shows that cryptocurrency will not replace fiat currency, even in the long term.
https://bit.ly/2NeLgLrThat is a fact for me. Crypto currency cannot replace fiat even in the future. I am a crypto lover but also, I am thinking what is happening in my environment. Crypto can be used in a developed country, but how about a third world country? How about the poor people, can they provide a device and an internet connection? Because crypto transaction can be made thru this.