Can cryptocurrencies replace fiat money?
Even before the cryptocurrency boom in December 2017, some people expressed opinions that in the future, Bitcoin and other digital assets will become an alternative to traditional (fiat) money. Then only crypto enthusiasts believed in such an idea, but the current situation forces us to think more seriously about this issue.
In this article, we will find out if cryptocurrencies can completely replace national money. We will analyze the current market situation, determine the strengths and weaknesses of the two types of currencies, and, based on the information received, try to understand what awaits us in the future.
