There are hundred of threads discussing this. You can search Economics section and get answer to it.


Even if everyone start using crypto, it is not possible that whole of your money could be tracked. You can send Bitcoin (let say) to someone and the other person can send you Bitcoins on your new wallet, whole money is revolved. This is what Bitcoin mixers do. It is impossible to track which address is owned by whom unless you using some centralized wallet service like Coinbase. As far as you create new address for receiving every payment and own private key of those addresses, no one can know how much you hold.

There are a lot of people who think that governments eventually will move from using FIAT to
using crypto like we all follow and like here on the forum, but it wont happen because it is totally
out of their control.

Governments will move from FIAT to their own centrally controlled digital currency and yeas that
will come with the government controlled "track and trace" system we dont like.

I believe this is the reason why the governments are pushing for the regulation of the currency because they want to know the users that uses the cryptocurrency so that they can be taxed accordingly.

There are so many possibilities in here if the cryptocurrency will remove or replaced FIAT currency there are some people that doesn't want to use it because they don't know. There are some good deeds it can provide like the faster transactions to any people who use it. But before that happen for sure it will gonna be world discuss.

in reality, crypto is giving a thought for fiat believers how the digital network can rule the world of cryptocurrencies

If the above should happen it den means that government will loose control of their economy into the hands of crypto wales and that doesn't sound possible however i foresee a time when most countries will use crypto side by side with fiat currency.

Governments won't move to using cryptocurrencies. But it is still possible that people will move to using cryptocurrencies and fiat will just have a role in taxation and other government aspects. That is still a long, long time away,in my opinion.

may not replace fiat, but there will be a method of payment using crypto. because we know not all around the world who know about crypto. perhaps in developed and developing countries may happen but fiat is not possible to replace.

I don't know it will gonna happen because their are many poor country that didn't use crypto they using fiat ever since so there are not possibilities that crypto will replace fiat because fiat is the original currency.