I have seen so many posts about emerging cryptocurrency, and they think that someday it will take over our current system, or it will replace our fiat currency, which is really impossible, yes cryptocurrency is such an excellent currency especially the bitcoin, cryptocurrency keeps on being more prominent and more significant. Still, I think it is not enough to replace the fiat currency. It will be hard for the government to do that.
It will be hard for us if we use our cryptocurrency as our standard currency, the volatile currency will not be useful in real life; only that money is only suitable in real life. Not all individuals are really used in technology, so how could they handle their money if they are not familiar with the technology.
There are still some rural places in this world, so it will be hard for them to adopt the new system if this will be implemented in the future, which I hope won't happen, and even those person in provinces will also get mad if those things happen.
Nothing is impossible. At the first stage of crypto invention, very few people were familiar with this currency but now millions of people of the world are now investing and making trade in this field. At a time, countries of the world directly rejected the use cryptocurrency but now many countries have already permitted it and some other countries are thinking to permit it. You should know that the bitcoin is gradually occupying the world's market and I think it will be used by most of the countries in near future. So if the countries allow to use crypto as a digital currency for all types of transactions, it will take the place of fiat money within a moment. Maximum countries of the world are now technologically developed and already they are using digital currency for transaction. As a digital currency, using crypto like fiat money is just a matter of permission of the govt. I think it will be possible soon.