Transitioning From Fiat To Crypto As Global Payment Standard
Here’s what it will mean when fiat is completely removed from circulation and entirely replaced by Crypto.
Current crypto volatility is entirely contributed to the fact that we have fiat currency and most of the transactions happen this way. So the limited supply of crypto that is being driven by demand and supply results in price actions!
THE GREAT TRANSITION
Bitcoin becomes gold standard and all crypt currencies are pegged to it, any volatility will only happen between other crypto.
All prices in stores are pegged to Bitcoin. People earn SATS they don’t need to worry that their bread is going to cost more then yesterday and tomorrow less than today. It will be the same - 100SATS is 100SATS
People able to become their own money by creating their currency thus their value might increase or decrease depending how they perform.
All this might seem out of this world and it actually is but once people understand the value and opportunities that come with it, it will be hard not to accept it!
Current limitation is in education.
Not everyone is tech savvy so AI will take a big part in crypto and peoples lives. From generating wallets, tokens to security the only thing that a person will have to do is to get their off-chain safe. lol
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