10 years IMO is a small time-frame to witness a big overhaul in the financial system. It took us centuries before we parted with our dear gold as a medium of exchange, and with the government who has an established control over finances and the people, it'll be hard for cryptocurrencies to take over. Probably it will co-exist with fiat, just like fiat with gold and other precious metals, but that's it; no overhauling of the system, just an 'innovation' from its state--transitioning to physical to digital but still mandated and controlled by the government.
We need a much longer transition time because currency changes from fiat to digitalization takes a lot of time and that requires a ready infrastructure as well. All components must be prepared and if it is true then it may take us more than 10 years to reach the revolution.This is very related to the process of moving the financial system globally because if seen then not many countries that make regulation of cryptocurrencies. This requires a mindset as well as an uneasy thought. Believe me but this will go well because we all know that crypto is always growing every year.
Most of the economy is already digital, this is what most people don't get. Like 99% of money is digital and then there's this 1% of cash left which is your only chance at financial privacy, before the elites get rid of said 1% to get their closed source token so when you make a payment it gets registered even when you do go to Walmart to buy some basic things. Everything will be monitored and logged, and anything the can find will be used against you in the future for blackmail. The only reason cash is still with us us because it's what elites use to bypass monitoring, but they don't want us (the poor) to have access to this too. Time is up.
