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 think in a long run crypto will replaced fiat money. I know many of us think that this could not be happened but as what we have see and observe there's is nothing imposible in this world, And I believe the evolutions, because our world has engaging now in inovations in a high tech creations because we are now in millennial time.