Fiat will be replaced soon by bitcoin.
Share your thoughts
Not so soon my friend. Fiat currency cannot be easily be replaced with btc as you can see not of all of the nations have fully accepted cryptocurrency as an option of payment. I dont even see that happening while we're still existing in this world. Both could co exist but replacing fiat is almost impossible. Lets be real.
The cryptocurrency cannot replace the fiat because there is a law that a country must have its currency that will use to support and also use for trading into the different currency. Cryptocurrency is just an alternative digital currency that only a few countries accept the adaptation of it. If we are focusing on the futuristic world, we are going towards into cryptocurrency but the government still not ready for this because of the security for each transaction, unlike the fiat they don't need to monitor what transaction they are doing because it is a physical money.