Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
if it is happened that changes will be not comfortable for all the people that's why both the currencies are wanted and needed to be live a peaceful life for each and every person in this world if the cryptocurrencies only available in the future then that must be lots of difficulties to use the payments for everyone.