Re: Crypto replacing fiat?

Personally, I will never see this happen. Crypto will exist but fiat will exist as well. They will co-exist because they have different features.

We both need fiat and crypto. In my opinion, we can reap the benefits of both crypto and fiat so why any of the two should disappear?

in my opinion, everything can happen and everything is possible if the development of technology and the development of the era requires currencies that are the same as cryptocurrencies, surely fiat currencies will be replaced

Crypto will not be able to replace fiat for a long time. The entire economy in the world is based on fiat money, and cryptocurrencies are still developing and are a small part of the economy. High price volatility and other factors affect the ability to increase participation in the economy at the expense of fiat money.

I think it will have more time for that to happen, It is a long run for crypto currencies to replace fiat, It is true that it will depends on the economy of the country, I think it will be on 5-10 years before the crypto currencies will replace fiat.

I don't believe that it would be possible. Replacing fiat money is a very long process that must be followed by the approval of governments, banks, etc. The only option that may occur in the near future is the withdrawal of paper money from circulation for non-cash transactions.