Ok, fact check.
How many BTC wallets exist?
It that number comparable to Steem users?
Let's check trading volume,
Bitcoin is counted in tens of billions for BTC and the worst is Cardano, 60 M
And let's check Steem
Hm... Only millions. Not good
The white paper talks about creating a better economy than Fiat and it's not about extracting rewards but powering up rewards
Reference please and equation please?
No. of wallets = correlated with the number of users = correlated with the noise those people create = correlated with the price
Why USD is stable and accepted as universal? Because 5.000.000.000 people know about it and use it.
Would you accept to make a business with Zimbabwe dollars instead?
Why, because nobody has any clue about that currency = it's not stable
Wait... There is no problem. Banks are working fine. I get my salary on time, I can pay from/to the opposite side of the world, I can plan 30 years ahead. There is no fundamental problem, there are some aspects that could/should/will be improved.
The world is functioning without crypto, keep that in mind.
Can Ripple improve it a bit - yes.
Can we implement crypto in administration - yes
Gain more freedom in trading - yes
Should we replace FIAT with Crypto?
Unless we want a war that would last for 100 years across the globe - no