Banks will not let that happen anyway. Not within 10 to 20 years at least.
In the meantime that's why Ripple has a real use case working with banks. And it's a pretty big use case as well.
RE: Wallets and security, what happens when cryptocurrency becomes truly mainstream ?
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Wallets and security, what happens when cryptocurrency becomes truly mainstream ?
I doubt fiat will cease to exist during our lifetime. We are nowhere near mass adoption now but in 10-15 years crypto can become mainstream and a popular method of payments, but it will be along other fiat currencies. Some centralization will take place for sure at that point though.
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Indeed. I'm with you on this.
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same here
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