Ask AI on The Internet
No, it is unlikely that crypto would ever replace fiat currency. Crypto is not a widely accepted form of currency and is largely used as a speculative asset. In addition, the current infrastructure of government and financial institutions is built around fiat currency, making it extremely difficult to replace at a large-scale level.
Answered by text-davinci-003
Jan. 22, 2023, 12:29 p.m.
A new large language model has been made available since this question was asked.
To generate an updated answer from the new model, click the button below.
Think your answer is better than the AI's? Post it below.
Question Tags
This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user Ram1993's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
If you want your question answered by an AI, click here.
If you want your question answered by an AI, click here.
Comment Section