We experience and will still experiencing the waves of changes and uncertainty. Will Bitcoin eventually replace Fiat currency? Why or why do you not think so?
If Bitcoin will be completely centralized and all countries will adopt it, then it can replace fiat, and the chance of this happening is very slim; therefore, I don’t think Bitcoin will completely replace fiat currency.
Remember; many countries are yet to adopt Bitcoin, it has never been a global means of exchange yet because some countries didn’t adopt Bitcoin because of it’s decentralized nature; all these governments wants something they can control and since Bitcoin can’t give them that chance, they will rather invest in Bitcoin than to accept it generally as a means of exchange to replace fiat currency globally.