Although Bitcoin exists for almost 10 years, its role in our life is still unclear. One of the theories states that Bitcoin was created to solve the problems which fiat money cannot overcome. We can see how so many Governments have huge debts and how some countries cannot support their own currency (Venezuela might be the best example now), so Bitcoin looks like a possible option nowadays. Getting rich was never the goal for Bitcoin. It was meant to become the currency of the digital world and provide an alternative to the dying economy.
So the question is, how do you think, should Bitcoin replace Fiat money, or there are other options of how it could be useful to the society?
Edit: To give you more food for thought, there is a
nice article about the history of the creation of both Fiat and Bitcoin and their detailed comparison.
Bitcoin is different from fiat currency. One should not consider to compare between the two because we know that fiat is better than bitcoin. However, there are some areas that bitcoin has an advantage and fiat does not have. Anyway bitcoin should not replace fiat because in some areas of a certain country had some difficulties in accessing internet and aside from that some people in the rural areas do not know how to use gadgets and computers to access cryptocurrency system. They usually trade their local products with fiat as a medium of exchange.