But I was wondering “the impact of cryptocurrency on our lives” - what does this mean?Does this mean my life and people like me? Or is this a more global issue that covers society as a whole and even countries?If this is a global issue, then crypt has no influence at all; if we are talking about cryptans, then after thinking about it, I can say that there is an influence, but not so much that it is some kind of significant event.
I think you can read the topic to get more information. I believe that crypto is gradually becoming more important in the economy, and it has the potential to change the economy as dramatically as bank cards have changed people's cash habits. The economy is a part of life, and if crypto can change the economy, it can also impact our lives.
We live and work, and money is an indispensable part of it. Crypto can be used as money or a financial tool to help us store our labor, imagine the future of the economy when we all use USDT instead of USD or pay for BTC through the Lightning Network like in El Salvador. I agree that crypto is just one factor in life, but its impact is not small.
I read the topic and believe that there is more talk about crypto than its real impact on the world economy. The example of El Salvador is very unfortunate, a weak country with an undeveloped economy is looking for a way to overcome its difficulties. Not a single strong and independent country will allow some crypto to dominate national currency. National currency is one of the symbols of statehood.This technology can be “sewn” into fiat to overcome certain sanctions, but it will no longer be crypto in its pure form. Something like this
You're right, the possibility of a country to relinquish control of their traditional fiat currency to a decentralized system is pretty slim because every country's currency represents their identity and sovereignty.
But just as you've rightly stated, there's a tendancy for Blockchain technology to be integrated into a country's traditional currency in such a way that it could actually enhance the functionality of that currency, especially for countries that inflation and other economic issues have really eaten up their traditional fiat currency.
Inasmuch as this could be considered to be the future of finance, you're definitely right that it wouldn't purely be crypto like the way we see it today anymore.