Will Bitcoin take over the world?

Eventually. The mindset of the dollar ceasing to exist is something that must stop. Bitcoin has become a digital asset. An asset accessible to generations such as Millennials and GenZ. Both these generations have been suffering greatly from a financial system that is meant to create greater gaps between the rich and the poor within time, such as the gap we are living now. The ability to acquire a home or land in Latin American countries has become extraordinarily expensive. This is where bitcoin and cryptocurrencies come in, to provide these generations that are tightly bounded to technology, an opportunity to own partial assets that will increase in value on the long run.

The entire idea of the dollar or national currencies disappearing is an extraordinary idea that is not meant to happen any time soon. Nations are looking in to creating their own currencies or adopting stable coins that have been in the market for years. And as the generational change begins to take over, the use of cryptos will grow exponentially.

Unfortunately, crytpo (speaking for latin america) is not for everyone. Not everyone has access to a smartphone nor internet access where they could keep their investments safe.

A more convincing thought for cash is that it will be looked down upon. It has no transparency nor security as a blockchain such as Bitcoin or Ethereum. This will allow for a greater use of cash for illegal activities, making the higher social classes look at cash as dirty money and unwilling to accept it.