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.
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.
What would do you guys think, Im just speaking (posting) my thoughts over here. Feel free to correct me if I am wrong. I just rather optimistic about the future of cryptocurrency usage in the future.
There's no doubt that sooner or later we will have a technological form of currency but having I don't think it will be crypto. As I knew cryptocurrencies are decentralized which only mean this cannot be controlled by anyone especially by the government and I think that is something that they won't let happen. Just, for example, China had released its own digital currency and it is not crypto and as far as I know, other countries will release their own digital currency this coming year. Therefore, it is impossible for cryptocurrencies to be such currency that will be used across the world.