But when we talk about the bitcoins and other cryptocurrencies then I do think we are in the golden Era since we have seen them increasing day by day not only in price but also in adoption thus this is making the people accept them more. Therefore I do think the traditional economy is on the verge of collapse whereas the crypto system might just be the thing that we will need to save us from it.
A paradigm shift is indeed being observed. The era of uncontrolled money printing is probably coming to an end.But if we take into account the lessons of history, we can conclude that turning points in all spheres of life tend to occur very cruelly.