Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
I don't have any acquaintance with it will going to happen in light of the fact that their are numerous poor nation that didn't utilize crypto they utilizing fiat as far back as so there are not conceivable outcomes that crypto will supplant fiat since fiat is the first cash.