If and when cryptocurrency finally becomes an official global currency, how do you think it will affect the global economy and the economy of each countries? Will it help improve the economy better than fiat or will it still need help from fiat?
I really do not think bitcoin or any other cryptocurrency are going to be officially recognized as a global currency, but its effects are going to be felt regardless of that fact, most likely what it will happen is that governments and banks are going to be weakened by cryptocurrencies and it is even possible that many countries ban them but even with such restrictions in place it will be impossible for governments despite their efforts to contain this new technology.