The old fiat days are behind us!

[acener]

No Fiat or cash isn't behind us crypto hasn't step forward on taking the lead at all it just gain a spot light because of the price pump.
AFAIK investor or crypto holders wouldn't use crypto as a payment option they would rather hold it than spend it.
How could crypto take over Fiat when the transaction is too slow and we have to pay extra for our transaction fee.

[arabspaceship123]

It's unwise to start believing fiat days are behind us. What's going to happen is national currencies are going to replace notes and coins one day but it's not happening soon.

I admire your enthusiasm for cryptocurrency, which everyone needs to feel if they are coming to the cryptocurrency space. I hope they understand that everything needs improvement and many people are researching alternatives towards money, and now, here it is. I do hope that there would come a time that it's the other way around, that it's BTC that's dictating the amount, but it's unlikely to happen anytime soon. We are well off anyway from the prices years ago, though.

[cydrix]

When someone says, "but the performance of gold as an asset lasts 5,000 years"

You might be able to point out: "And then the arrival of the railroad, together with the horseless carriage, rendered the animals as transport obsolete."

Basically, computers, the web, mobile phones, and the internet are all expanded, improved versions of existing technologies. upgrading technology and techniques, actively doing something completely different for thousands of years. So, the future of currency (which is crypto) is here!

It is the future so predicting that kind of situation is possible since so many of communications around the revolves around the web and it is only a matter of time that the physical currency might dwindle of it's usefulness if the age of advanced banking or systems come.

[udidrone]

Fees on every transaction, i mean if we can do send money all over the world in any amounts without worry about to pay high fees, i think if that time already come, crypto still need a lot of time and effort to make people start use it as payment. Like e-money in app for now which allow us to pay merchant without need to worry about fees, with that time crypto will replace fiat. If for now, maybe still to far fot it to happen.

[Mpamaegbu]

OP shouldn't get carried away in his gladness for the way Bitcoin is turning and begin to think it could completely displace fiat. I don't think this happening with humans on earth, at least not in the next 2 decades if we are still here then. May be with aliens that could be possible with their alleged incredible sophistication but not with us. My reason is based on the fact that most countries don't even have electricity supply and Internet. Knowing that Bitcoin depends on these two, so how is it going to be possible to completely eliminate fiat?