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.
Your thoughts are wide, though requires deep imagination to ascertain.
The possibility for the world to be solely run on cryptocurrency seems unrealistic and realistic too.
Talking about the unrealistic aspect is with respect to government regulations. Some countries even bar their citizens within their territory from using cryptocurrency, and we can't impose acceptance on them due to their sovereignty.
Then talking about the realistic aspect is by putting into account the current state of cryptocurrency globally. From the conception of the idea to the implementation. At first, it looks unlikely to gain public acceptance, but look at it today.