Great post!
I'm in the "crypto is the future" camp, but in the way you state and not as currency. I think they will be used in a variety of ways, but only to interact with CBDCs, not replace currency as we know it today.
I also think there are going to be some very severe and ironic consequences of crypto adoption. The irony being that most of the crypto community thinks it will be out of the hands of the government. I think the opposite will end up ringing true where the government will have absolute transparency into everyone's finances through the blockchain. Once everything is digital, it will be impossible to do anything without leaving a footprint.
This is all probably decades away but who could say for sure.
|