1/🧵
There has been a strong debate about Crypto completely replacing the traditional banking someday and I see the possibilities but I also have some doubts about it working as the world only currency.
1/🧵
There has been a strong debate about Crypto completely replacing the traditional banking someday and I see the possibilities but I also have some doubts about it working as the world only currency.
2/🧵
A lot of cryptocurrency enthusiast who know the benefit of the world adopting cryptocurrency will agree with me that crypto has some setbacks that might delay it permanent adoption and it might take forever to set things right.
3/🧵
I shared my thoughts about these setbacks and would love to know your thoughts about them.
https://inleo.io/@george-dee/why-cryptocurrency-wont-replace-fiat-yet-9hk?referral=george-dee
It is likely that all assets end up a crypto but that doesnt mean all digital assets will be currency. Most are awful as a medium of exchange.
Probably won't happen... Maybe in the far future, but even then, it won't be the "only" currency.