I think it still takes a long time for crypto to replace fiat.
It will take forever because I believe it will not happen.
for the time being recognized as an alternative currency is good. and the government I think will not turn off the bank, of course the government will make policies
Crypto is a good alternative but will only remain as an alternative since the main money in this world will always be fiat.
There are people who believe on the possibility that crypto will replace fiat, but are we big enough to replace them or do we have the support from the government to make it happen, whether we like it or not, we are all under the control of the government.