Recently, I've been wondering, and based on the people I live with, I'd say that only 20% of them know what cryptocurrency is.
Sometimes I ask my friend or colleague if he knows what Bitcoin is, and if they're young (20-35 years old), they say, "Yes, I've heard about it. But I don't know much about it."
If I'm talking to older people (40–60), mostly they don't know what it is.
We are living in a world of big changes in every aspect of life. But do you think it will be time when cryptocurrency will come into our lives and be normal for all people? Will people be able to trust crypto?
I'm wondering what your opinion is about this.
I think in some time people will trust in crypto. The digital money systems are developing fast, and decentralisation along with blockchain mechanism is the new step in digital banking. The question is will there be crypto-based fiats, or will crypto replace fiats... Also, the world's main fiat currencies inflation is something possible to happen soon, then crypto can be useful.
what you mean crypto replace fiats ? If you means fiat money intergrated with blockchain system it's that possible but if you mean crypto replace fiats it will be take a long time for that and currently crypto still high risk and high volatile of value for each stable coin such TerraUSD and USDC, thats why crypto is decentralize due to people can't control include price of stable coin