Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?
I think crypto would be more appropriate for an investment path either now or in the future. for transactions or exchanges in the real world, you still use each country's FIAT.
but don't be too attached like that, because you see the development of the crypto world is very fast. For example, now there are several countries that allow transactions using Bitcoin currency.
Don’t be in a hurry to think that way because even if Bitcoin is getting adopted in a good way, it will take a lot for fiat to be abandoned. Even with the rate of adoption, there are many people who doesn’t know how Bitcoin works let alone ready to believe that they should leave fiat for Bitcoin. I believe that cashless transactions will eventually take over but Bitcoin superseding fiat will be hard because fiat has been there from centuries ago.