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?
The general adoption will increase without a doubt but only a few crypto will dominate the whole industry, so it means it won't be much different than how it is today. I said the general adoption will increase but it will never beat FIAT imo. It is because decentralized networks aren't as efficient and fast as centralized networks. If that was possible, btc would have beaten mastercard/visa but it didn't. That means we still need centralized projects because they can scale infinitely unlike blockchain. BTC's marketcap will probably beat Gold's mc. That's a more realistic expectation.