"Crypto" is not that.
When people start keeping their balances INSIDE the system, it becomes its own currency. Like when people pay with PayPal without cashing out.
They can print more of it internally, and you wouldn't know. They can have fractional reserves, etc.
WhatsApp and Facebook have huge adoption. By contrast, after 10 years, crypto is nowhere near being a "peer to peer cash system".
When people start keeping their balances INSIDE the system, it becomes its own currency. Like when people pay with PayPal without cashing out.
They can print more of it internally, and you wouldn't know. They can have fractional reserves, etc.
WhatsApp and Facebook have huge adoption. By contrast, after 10 years, crypto is nowhere near being a "peer to peer cash system".