I have studied and argue about Bitcoin some topics which I posted and also came across in other board. Today I begin to think about the whole Idea of Decentralization, and I think the inventors of bitcoins since the idea was conceived till it was birthed has done the greatest good to humanity. With my view as at the time of writing , I think bitcoins will go long way to reduce poverty if they allow it achieve it's purpose. Reducing poverty in my context is not about profit but the peer to peer transaction mechanism. The idea of centralized exchange is very much in place because a lot of people are yet to accept bitcoins but once it become accepted by majority, I think there will definitely be no reason to convert to fiat.
I think that there is very low adoption level at the moment. People (even those who have btc) trust btc less than fiat currencies, since they can't buy anything without converting crypto to fiat. And if it was possible to buy everything directly with crypto, then there could be legal issues, which would discourage people from using crypto. One of such problems is legal status of crypto transactions. There are no legal approvals of crypto deals... If its a payment for a cup of coffee, then ok, but if is a purchase of a house, then it is not a good idea to pay money and settle in a house, which is oficially "not purchased"... And if it was fully legal, then crypto would be nothing different than usual fiat money....