Widespread use of cryptocurrency is inevitable. Whether or not it's mainly Bitcoin is irrelevant.

BUT, what comes after all of this? We are so focused on crypto's use being an inevitability and speculating on future value to make money when such profit potential will not last.

Once cryptocurrency is universally used, it won't make sense to keep it as an investment as the price will stabilize.

After the widespread use of crypto is realized, the ultimate representation of how everything has become digitized (even value), the rest of our lives will also have mostly become digitized.

Being hooked to computer screens and smartphones will turn into being hooked on perfect simulations in virtual reality where everything is cheap and our minds can theoretically live on indefinitely for next to nothing. Value won't even have to be exchanged for the most part as consumerism will be obsolete.

https://en.wikipedia.org/wiki/Digital_immortality

Anyone else question where this will ultimately lead? What do you think?

https://cointelegraph.com/news/report-france-accounts-for-minor-part-of-global-ico-market-while-us-leads-the-industry

"As the AMF reported, France has accounted for a small share of the market, with 89 million euros ($100 million) raised in 15 ICO projects, while most of ICOs were carried out in the U.S. According to the study, French ICOs amounted to 1.6 percent of global equity financing in 2017."

What do you attribute this to? A capitalist culture? Less taxes?

I think the most ICO friendly environment will create the most economic progress, as it appears to be turning into the preferred form of funding for companies' evolutions across industries.

What do you attribute this to? A capitalist culture? Less taxes? In your opinion, what makes an ICO-friendly environment?

https://www.bbc.com/news/technology-46150107

"A Chinese headmaster has been fired after a secret stack of crypto-currency mining machines was found connected to his school's electricity supply.

Teachers at the school in Hunan became suspicious of a whirring noise that continued day and night, local media report.

This led to the discovery of the machines, which were mining the crypto-currency Ethereum.

They racked up an electricity bill of 14,700 yuan (£1,600).

The excessive electricity consumption had previously been reported to the headmaster, Lei Hua, but he reportedly dismissed it as being caused by air conditioners and heating devices.

A local authority responsible for "discipline inspection" has claimed the money that was made through the mining activities."

I think "discipline inspector" is a budding line of work. 

The development of cryptocurrency will inevitably lead to more economic freedom, and subsequently, more financial freedom among individuals. Places where people never would've even had a chance at a decent life are now no longer sentenced to lives ridden with poverty.

However, this will definitely shake up the global economic arena.

People will be relocating to places to avoid taxes (such as Puerto Rico). http://theconversation.com/bitcoin-rich-kids-in-puerto-rico-crypto-utopia-or-crypto-colonialism-91527

Millions of citizens who have found wealth in poorer countries will be demanding high-quality goods and services, meaning they will become even more valuable and their prices will go up. 

Is this sustainable?