A section of cryptocurrency experts have shown optimism that Bitcoin will replace central bank-issued fiat currency by 2040 in a process called ‘hyperbitcoinisation.’
According to a survey by finance platform Finder.com, 50% of the respondents expect Bitcoin to overtake global currency by 2040. A majority of the experts at 20% believe the takeover will happen by 2040.
Elsewhere, 15% of the experts opine that hyperbitcoinisation will occur in 2035 while another 10% place the take over as early as 2030. Interestingly, 44% of the surveyed experts believe Bitcoin will never replace fiat currency.
