There someone who is pulling the shadow behind and that shadow will not let the fiat money extinct and fully replace by digital money. That is the reason why a lot of government today are still not adapting and have laws and regulation regarding the ban of cryptocurrencies. Try to search in the internet the CBDC and the families who establish the banks that priting fiat money. They are the ones who are printing money that came from paper and ink only. That is the real free money out there and those shadows will not let the CBDC to come at end.
We should not abandon paper money. It must always be remembered that paper money is the most untraceable by governments, and digital money allows officials to completely control the financial activities of their citizens. Yes, and in many cases it is very convenient to make small everyday transactions in cash, especially if transactions are made between citizens. Therefore, I think that cash will always be in demand. Their mass will undoubtedly decrease, however, to a certain level. In addition, cash should be kept at least as a backup option, when the use of technical devices for making non-cash payments becomes impossible due to various technical failures and large-scale disasters.
Whether we do abandon it or not, it would still exist no matter what.Do we really believe that Government would really be allowing for these things to happen? For fiat to cease to exist? and would be replaced up
by some decentralized coins in the market? It is really that impossible for it to happen and this is why we should really not make ourselves believe for this possibilities to happen because this is how the reality works.
Both fiat and crypto would really co-exist on each other and this is really that good for us to make use basing up into our own needs and wants because there are transactions
which we do really need to be that private or something anonymous.