Within the evolution of cash, previous techniques did not completely collapse or disappear. Folks solely use much less and fewer of them.
For instance, Barter nonetheless takes place even at the moment. Folks alternate items and providers on a regular basis. Folks nonetheless spend cash. Folks nonetheless use diamonds, gold, and different valuable gadgets to pay for stuff.
Fiat shouldn’t be dying or going anyplace. It will solely develop into old school as cryptocurrency and different digital currencies adoption grows.
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