As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Im a little bit confused when people say something about digitalization
like what do you mean? Fiat is already in both physical form (paper currency) and in digital form(e.g. Online banking), so what other form of digitalization are you talking about? Digital forms are just a way to make the transaction of money to be easier. Take for example the bank apps we have these days, there is no need to be carrying money around cause you can make transactions right from your phone.