Will the value of native currency fall down if the usage of bitcoin increases?do people feel that they don't need fiat anymore for the transactions to happen?Is that why people are trying to let down bitcoin ? Many questions are just wandering in my mind at the moment. Can anyone answer atleast few of them?
it will not happen because the fiat currency is controlled by the government and banking, and people are still comfortable with this situation. Another thing if the cryptocurrency completely replaces the fiat currency, but it's very difficult because there are still many people out there not yet recognizing the crypto world at all.
Older people will never understand or accept crypto at all. In addition, the crypto address is easy to lose, forget the key to it. And no one will return the lost money. How to deal with this? The state must take care of its citizens and protect them. And how to do it, if the crypto currency is anonymous?