Sort:  

Last answer first. Fluctuation controlled? Who would control it and for whose benefit? It might be controlled, but I say it shouldn't. Now will fluctuations slow? I think they will as the system grows. Just see an elephant move vs. a mouse! Also, at some point, if crypto becomes a dominant currency, the issue will be other currencies fluctuating vs. it and not the way around!
Could it replace the current mostly fiat based system. It certainly might. I may write a post about it.

I don't think it will, I think governments wouldn't allow this and it would change the world economy as we know it too much. I do see them being very prominent in everyday life but in the long term I think FIAT will always be more popular

Congratulations @excelnonso! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes
Award for the number of comments
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Very nice post!

Congratulations @excelnonso! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Quarter Finals - Day 2


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @excelnonso! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!