Imagine a world where businesses, merchants, and everyday people use crypto as the only medium of exchange. Everything will operate autonomously and decentralized without the need for third parties. In this world, governments and big corporations might cease to exist as everything will be guided by both Blockchain technology and AI. People will be able to gain autonomy over their own money, reducing corruption and fraud in every way possible. Negative events in the mainstream world will have little to no effect on the world's economy, as it lives in cyberspace. No one will be able to control people's actions worldwide, as it'll be a "free for all" scenario. Central banks will no longer be relevant, as people will become their own bank via the use of various interconnected Blockchain networks.
While all of this seems to be more of a dream than anything else, there's a possibility it could happen in the future if people lose trust in governments, central banks, and conglomerates alike.
This topic is a bit funny, you’re just imagining things that are not real, things that are not even supposed to happen.
How can you say that government will be no more and we will be guided by Blockchain and AI? You’re not serious. So, you’d prefer to be controlled by an AI? You might say that an AI can never be wrong, but you’re forgetting that they are being created by human beings, who can even find a way to control them.
Anyway, I cannot imagine such and I won’t really like such a world. Bitcoin is good, but it’s going to be like a secondary method of transaction while banks remain the primary method. They all have their parts to play, the only thing we should be worry about is making sure that we vote in the right people and take actions when we are meant to.