I think we are headed towards blockchain and crypto based coins inevitably. As globalism continues to rise, we have no other choice but to adapt a single currency monitored and regulated by everyone and none would have supreme authority over it.
That would be effin' fantastic, but there's no way in hell any government that wants to collect taxes is going to go for it.
And what cryptocurrency would be used for the "global coin"? Would it be bitcoin? Would it be a true cryptocurrency or would it be something totally centralized like that which the Chinese government has proposed (I think it was China)? And it's amazing to think of how many coins are already out there on the market, being used for nothing except trading. In order for the masses to adopt cryptocurrency as their primary way to pay for things, major changes in a lot of things would have to happen--including the collapse of the USD and probably some other major currencies, and people receiving their paychecks in crypto rather than fiat....and a lot more.
The US dollar is a messed up thing. With too much risks, I would never store fiat cash under my bed because it's just too risky and will lose value.
You bet it's messed up. I might keep it under my mattress for the short-term, but with all of this money printing and stimulus and quantitative easing, whatever you stuff under that mattress is going to magically vanish sooner or later. The scary thing is that I'm not sure the Fed or anyone else in power is keeping an eye on things.