Questions or not, but the world seems to have a say to the rising of the cryptocurrencies, its not that they're ignoring the fact that the cryptos were destroying their businesses or stocks or the system of every nation's currencies, but their simply making an act to regain its power by creating an online ways of fiat payments for any transactions.
Okay fist of all cryptocurrency did not destroy anything or currently destroying anything in the business and stock field or even the system of every country's currency, if there is to blame and it is obviously the pandemic that is happening to us right now and online fiat payments already existed many years ago, the usage of it just increased now because of the pandemic and it is not because to gain power or anything that you are saying.
what would happen if the world abolish the use of paper-made money and adopt whole-heartedly the effectiveness of cryptocurrencies?
The termination of the use of paper-money is very possible but complete end of fiat is not possible, fiat is already embedded to our lives and if ever the world wants to go paper less then it will still be fiat, in my perspective crypto will not be ahead of fiat but what I see is fiat and crypto will collaborate to create much more better system that we have now and of course it is with blockchain.
what nations could possibly rise if theres no more fiat in the world?
the world may never be the same as today, are you prepared and ready for it?
Like what I've said in the first questions, it is not very likely to happen, fiat will not be gone in this world.
Yes, there is a lot of changes that is happening here in the world but keep in mind that it's still people who makes changes in this world and if the world can't keep up or adapt in the changes that is planned to make in our society then it is better to stay with it and just continue evolving on its path.
