One of the dirtiest things in the world is money. Each bill has been handled by thousands of people. So, the government will state that money is spreading Covid. They will require you to turn in your $dollars. All the big stores will go along with them and not accept money any longer. Your money will be replaced by an electronic system... maybe a debit card, or maybe they will chip you, or maybe it'll simply be a barcode on your forehead or in your hand. Less chance for you to spread Covid. This is coming starting 2021.
Mmm...but isn't that even more of a reason that people should start looking at cryptocurrency? With the amount of spending going on gov't-wise, I can imagine the inflation post covid being pretty insane too.
You said "looking at." And you are right. But ask yourself this. Why is bitcoin still beta after all this time? And why do the Devs keep the block size so low so that there are barely any transactions? And why do the miners keep the fee so high that there are barely any surges in transactions... when all they would have to do is keep the fee low so that there would be a lot more transactions from where they would get a lot more fees.
I'll answer it a little. It has to do with the blockchain size. Right now the BTC blockchain is about 335G big. Who can run a full node with the current blockchain size? Lots of people.
But if the fees stayed low, and the block size were moved to 1gig instead of 1mb, soon Bitcoin would be worth $2,000,000... there would be millions more people using it... nobody but a few professional computer people could run a full node because of the blockchain size... the cirrent Internet couldn't handle the transactions... and all this would make Bitcoin to be centralized, and ultimately controlled way more than it is now.
So far, the Lightning Network is more or less a failure. But something like it is what we need to take bitcoin out of beta.
And we could really stand to have a much faster, reliable Internet all around... one not controlled by Gates or the UN.
Don't push bitcoin into the forefront until technology and the world is ready for it... except if you want to centralize it, that is... which is what government is doing with their own crypto coin they are making.