There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!
I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
At first I thought that crypto currency was intentionally created to replace fiat currency but now I realized that it was not designed that way. cryptocurrencies that continue to emerge are proof that this business continues to grow and has fierce competition. Cryptocurrencies were created to improve the obsolete human financial system and will continue to coexist with fiat currencies.