I am just wondering would it be possible in the future for the world to run solely on cryptocurrency? Considering that right now there are many people from different walks of life who are using cryptocurrencies in their day to day life. I think right now one of the main limiting factors for world-wide cryptocurrency usage is the worlds governments who make restrictions on cryptocurrency usage. Moreover, I also think another factor in limiting cryptocurrency usage is a lot of peoples lack of understanding of cryptocurrencies as it is a rather new technology to most people.
That would be absolutely possible as most countries even if allows cryptocurrencies in their country would prefer users to their own cryptocurrency coin other than using bitcoin, ethereum, dash, litecoin,
I think that we can solve most of these problems by educating people about cryptocurrencies and debunking what the mainstream media have done to slander cryptocurrencies.
I honestly think that if these issues a solved then we will probably have more people to use cryptocurrencies worldwide.
That's so true mate, educating people about cryptocurrencies would help alleviate the defamation that the media have labelled against crypto. Users would get to understand that cryptocurrencies are not all about scams.