There is no way fiat could be totally eradicated. For example, if you want to buy minor things, you must not transfer. But, one thing I believe is that the amount of fiat in our hand will reduce because of crypto and digital world.
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Is true. It is very likely we will see in the coming years is a decrease in monetary liquidity. That is, we will see less fiat money circulating. As more and more people adopt cryptocurrencies, that will be exactly what will happen. Thanks for your support and comment.