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?
Until today, the adoption of Bitcoin has been widely carried out. In the future, we never know what will happen to cryptocurrencies.
we can only enjoy the ongoing processes in the digital world of crypto, now the era of modern technology is no longer the same as before when people were still unfamiliar with the internet. In the future, it seems that cryptocurrency will not be able to replace fiat in exchange.
Bitcoin does not really need to replace fiat, as long as we can use it to transfer value from one side of the world to the other in a matter of minutes, bitcoin will have accomplished what Satoshi envisioned, this idea that bitcoin will replace fiat came not from Satoshi himself but from other people that are overenthusiastic about bitcoin, not that there is anything wrong with that, but they are expecting too much out of bitcoin and seem to believe that governments are way weaker than what they really are.