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?
We have discussed this over and over again that Bitcoin will not replace fiat, fiat will always be fiat and Bitcoin will be Bitcoin. Both of them will be used together. Bitcoin only function as an alternative to fiat and not replacing it. Fiat will be used for local and physical transaction while Bitcoin can only be used for online transaction. The point is that Bitcoin can never replace Fiat no matter the advantage it has over fiat. Each country must surely have their currency while Bitcoin serves as a universal currency that helps to reduce fiat inflation and works as a dentralized financial system and instead of centralized.