it could happen because along with the times and technology that will grow very rapidly but of course it needs a process and a long and difficult time of course
I think that fiat will not be able to completely disappear even in the distant future. Many people love to diversify their funds and they will still hold some of the money in the form of paper money.
I agree because majority of the people around the world still prefers fiat over cryptocurrencies because they are more convenient at it. People need time to study the use of cryptocurrencies like bitcoin before they start using it. This new technology is more risky and more volatile than the ordinary fiat or money that they've been using and it also requires knowledge in internet to be able to perform a transaction.
- Fiat is truly a product that is too stable and suitable for all conditions of society and market conditions, it has become the habit of everyone in daily life, crypto wants to remove and replace fiat in the future, it's just a dream. In addition, before wanting to touch the position of Fiat, crypto needs social and government acceptance but a very sad fact is that the number of participants and using crypto is still too low, and the government still has no support, although they are still testing and researching about crypto but all their actions around crypto seem to indicate that crypto is not too suitable for their system