Using digital currency is no longer an issue, its a timing, the global pandemic crisis has led to new habits among consumers around the world, they are giving up cash, and businesses are responding, said Daniel Schulman, Digital The development of money can ultimately help improve the financial health of people, households and businesses around the world.
Time will indeed answer everything, because the use of digital currency will soon penetrate all regions of the world over time slowly, although the use of fiat or paper currency will not just disappear amid the development of digital currency and its applications in society.
And if it is associated with health problems, the use of paper money can also be very safe as long as the person giving and the person receiving wear gloves for better health protection although it is also more complicated when compared to the use of digital currency which can be used very simply without have to think about gloves or something.
Besides, we don't have any idea how long this Bitcoin will stay in the market but I see fiat is still there for many years to come. I'd still consider the use of fiat/cash is still the most preferred by people, especially poor people. I would say that getting into a digital mode of payment is a great development but we also have to consider that some individuals are not ready for this. That I leave this as an option for ordinary people to adopt or not.