Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
I think the world is not really ready for cryptocurrency, because cash is hard to replace. People are used to using cash to pay for their business affairs. I think it takes a long time to convert from cryptocurrency to cryptocurrency and it takes a lot of time for the world to recognize them.