Can cryptocurrency supersede traditional transaction methods ?
My questions are:
1: Can cryptocurrency transactions displace traditional transaction methods?
Cryptocurrency can not and will not replace fiat banking system but will always serve as an alternative to it.
2: Would there be any challenges or difficulties for cryptocurrency to be widely accepted as our daily transactions?
Bitcoin can be used for our daily transaction but however it may not be as normal fiat banking. Bitcoin fee is too high to be used for everyday transaction. and the Bitcoin to send must be $20 above in exchange because the minimum deposit of most of the exchange is $20 so in this case any transaction made in a custodial wallet below $20 will be lost forever except using usdt, trx or Litecoin.