It may replace fiat money, but never replace cash money. The need of a digital transaction is too complicated to cover all uses of money. It will be just a different kind of cash then, one with a intrinsic value.
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I'm in SE Asia where cash is king. But I know places to spend my steemit money in many of the local economies - just by transfer, no fees - done quick. I've sent cash to my son in California by transferring sbd to another steemer who gave him the usd for no fee - just to be nice. I would have paid $20 in fees at least had I sent it through regular channels. I think crypto adoption will snowball quicker than anyone can imagine.
The fees really can be a downer. It's good to have a workaround.
I've recently joined Bittrex to hopefully diversify my crypto basket. The fees will be a big factor on how much fun this will be :+).
Yes, I tend to agree with you. Bitcoin is the tip of the iceberg which gives substance to this thought.
Peace.