Many Say Cryptocurrency Will Kill Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction
It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.
Whats your view about this
Cryptocurrency is simply not able to replace the usual currency. Cryptocurrency is intended to create an alternative payment system for existing payment systems, and no more. In order for the cryptocurrency to replace the national money, it must be the consent of the state and its active actions in this direction. However, no state will give up its national currency, since it serves the budget and the country's economy in general and is a reflection of the economy of each state. National money and the economy of the state are interrelated and can not exist separately. Decentralized cryptocurrency can not have any connection with the economy of any state, so it can only go along with the national money, and not replace them.