I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible theyre to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we dont know yet?
Electronic money is an asset that helps banks operate more efficiently. In fact, we cannot cancel the fiat money being circulated to use a new common currency. because that will create a barrier between countries when exchanging goods or fiat money. It is impossible for every country to agree to use a common currency.
I still appreciate cryptocurrency but it will be great and appreciated when fiat money is still there. Because fiat money is inflation and crypto is deflation, both combinations will create balance and it is desirable in many countries.