Will Cryptocurrency Replace Fiat Currency?

Short Answer:

It’s highly unlikely that cryptocurrencies like Bitcoin will completely replace fiat currencies. A more realistic outcome is a hybrid future, where:

1. Central Bank Digital Currencies (CBDCs) emerge as digital versions of fiat money, and
2. Cryptocurrencies and stablecoins coexist as alternative means of exchange, investment, or cross-border payment tools.

---

1. Evaluating the Replacement Scenario: Key Dimensions

To view the content ahead, you need to register as a paid member. Click here to log in.