Well I went to a NEO coin Developer Convention today and based off everything they were discussing it sounds like Europe, Asia, S. America and N. America are getting ready to completely get rid of cash and unite the entire global economy. Those of you blockchain developers what are your thoughts on this?
Cryptocurrencies are a long way away from completely replacing fiat. When it comes to payment, over the past few years, we have seen sharp upward growth of transaction volume for cryptocurrencies. Some companies have started integrating bitcoin in their financial systems.
They're looking at something that'll be extremely hard to realize for now. Especially in asia where you don't have as much support in certain countries like china. It'll be easier for western countries since they're open to that as probably have better tools to work with by their general vision of crypto majority world is a very long shot.