It would be good, yet still nothing more than a dream. I still need to convert Bitcoin or Ether to fiat on a daily basis with my Wirex or Fedor cards to cover my expenses and pay everywhere.
People doesn't changes and this is the main reason why crypto will not be widely adopted in next 5-10 years. Like it or not, we will depend on exchanges, not necessary banks.
People doesn't changes and this is the main reason why crypto will not be widely adopted in next 5-10 years. Like it or not, we will depend on exchanges, not necessary banks.
That's certainly true, mate. People can't adapt to changes easily, which means that they'll be slow in adopting something new in their daily lives. For many years, fiat has dominated our world and for obvious reasons, many people trust it. Considering how Bitcoin is just 10 years old, it's still relatively new to the world. Perhaps, after the Blockchain industry becomes so successful, we'll get to see crypto more often in mainstream businesses and corporations.
But until now, crypto has a long way to go, since it needs to solve many issues like scalability, and fungibility to be able to be widely used within the mainstream world. Once that happens, then living only on crypto instead of Banks would be the way of the future. Of course, that is if banks don't adopt blockchain technology for their own benefit. If they do, then fiat will keep dominating our lives for many years to come. Just my opinion
