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.
Surely it is possible as the technology is rising I think what we need to wait is to completely adopt this cryptocurrency to see this.
I think this could be the future and I think it would take 100 years or more to have this cryptocurrency become implemented but today I think we still need the fiat money and cryptocurrency is just an alternative currency for now.
Surely this cryptocurrency is a great assets or digital money if we are using great technology in the future surely this cryptocurrency is going to fit it for sure.