I don't know if perhaps i'm overthinking this, but considering the evolution of money from the beginning of time where different things have served as a medium of exchange and now currently banknotes.
On same trend, we are slowly witnessing the evolution of money to crypto and i can't help but wonder if crypto is the final stage or there may perhaps be another revolutionary idea to replace crypto as money after crypto has been accepted.
What do you think?
20 years ago nobody would believe there will be something called digital currency (cryptocurrency) that will be threatening the very existence of fiat, same thing happened years back before the advent of fiat, most of the medium of exchange back then where slowly replaced with fiat.
Now with the technological advancement of this generation it is very likely something more advanced will be created, the world is evolving very fast, new inventions every now and then, so it is possible something new will replace crypto in the future.
I agree with you. Little time has passed since we started using bank cards, but now we can’t imagine life without them. The world is developing rapidly and old payment systems are being replaced by new ones. Making predictions is very difficult. People can come up with any payment options and we cannot know whether there will be commodity-money relations.