Currency will become almost entirely digital in all well developed countries in the near future. That is not an opinion. In A US consumer study done 4 years ago only 9% of consumers chose cash as a preferred payment. This creates a whole new digital eco system where crypto currencies come into play. Something to think about ; The entire global equity markets total to roughly $68.5 trillion. The Crypto market is a global market and it’s total is $568 Billion.... There will be growth. This is only the beginning.
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Yeah, there will come time when cash would no longer be applicable. And I think the dynamics have already changed. People now prefer to use plastic cards and other prepaid/postpaid plans that offer different packages. We are moving towards a cashless ecosystem and cryptocurrencies have laid the foundations. The potential is just massive. Thanks