Widespread use of cryptocurrency is inevitable. Whether or not it's mainly Bitcoin is irrelevant.
BUT, what comes after all of this? We are so focused on crypto's use being an inevitability and speculating on future value to make money when such profit potential will not last.
Once cryptocurrency is universally
used, it won't make sense to keep it as an investment as the price will stabilize.
After the widespread use of crypto is realized, the ultimate representation of how everything has become digitized (even value), the rest of our lives will also have mostly become digitized.
Being hooked to computer screens and smartphones will turn into being hooked on perfect simulations in virtual reality where everything is cheap and our minds can theoretically live on indefinitely for next to nothing. Value won't even have to be exchanged for the most part as consumerism will be obsolete.
https://en.wikipedia.org/wiki/Digital_immortalityAnyone else question where this will ultimately lead? What do you think?
We have seen a very fast changes in the last 20 years that have managed to be done by 100 years in the past or longer so we can expect to have it shorter by the next 10 years. And this would be very much applicable in the world's financial system as well. So the next bitcoin or any digital form of currency would be created in a speed. But the question is could it stay longer.