You would be correct, but in the reality we live in today, that's not going to happen for years, if not, decades. As of right now, the only way to pay bills here in California is with USD, so this doesn't necessarily solve the problem for the next few years.
It can't be stopped, but they definitely can make it harder to get your fiat currencies in and out. That's where they will apply the pressure.
Maybe with wider acceptance, we won't want to trade it for $$$$. That would solve that problem;)
That may be the end game for fiat...LOL
You would be correct, but in the reality we live in today, that's not going to happen for years, if not, decades. As of right now, the only way to pay bills here in California is with USD, so this doesn't necessarily solve the problem for the next few years.
Might happen a lot faster were the dollar to crash. Many believe that'll happen sooner than later.
There are no problems...only solutions. And we will always find solutions :D
That is why the goal one day is to get rid of fiat using. :)
@jwolf you are right, Crypto can't be stopped