Will bitcoin exist with the current financial system? Or will it become a parallel system that coexists like two countries exist side by side? I believe it will be a parallel system? The fiat money will flow from traditional to bitcoin system slowly but surely. We are already seeing some indication of that happening. Around, $7Billions, have already poured into it. It is here because it no longer 100% believes in the USD or any other currency it holds.
--snip--
Of course, bitcoin will be an alternative payment and become an effective financial system in everyday life. However, there are some aspects that are not fully covered by bitcoin such as mycro payments, which is why paying with bitcoin will be a complement to conventional payment systems.--snip--
Well, the latest announcement from Paypal that will support transactions using 4 cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, amplifying crypto adoption has become even more evident. This is a very good sign, I think there will be some interesting increases in the future if there are no other heavy rumors.
