Imagine living your life without depending on Banks ever again. Using only cryptocurrencies such as Bitcoin or Ethereum, you can make your own income stream and use the coins earned to buy stuff from merchants who accept them. Every day, cryptocurrencies have been going closer towards full mainstream adoption. However, there are still some things which prevent crypto from being used over traditional payment systems we've been accustomed to for a long time.
Nonetheless, what's it like to live only on crypto instead central-bank issued fiat money?
I still do not know a single person who would live using only cryptocurrency. Apparently, I hardly ever find such a person. Cryptocurrency will always occupy only a certain part of our financial relationship. We will always need a common currency; not all structures will accept cryptocurrency as a means of payment. I know that many fundamentally will not use it. Cryptocurrency can only be used along with the national currencies of the states and will be one of the non-cash forms of payment, and very specific ones.Nonetheless, what's it like to live only on crypto instead central-bank issued fiat money?