Now that more and more countries are starting to go cashless (
http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?
I don't find it beneficial as many countries goes cashless, it may only form competition to those recent cryptocurrency present in that certain country. If ever that happens, one of the advantages we can consider is the efficiency and convenience while for the disadvantages is the abuse of power that may be applied as some organizations or the government commit power tripping . It's not really necessary for a country to make cryptocurrency since there are a lot of some pre-existing digital currency at the moment.