I wouldnt count the legacy system out just yet. There is a lot that will adapt. What we are going to see, in my opinion, for the next couple of decades, is a hybrid model.

Cryptocurrency is going to keep advancing while much of the legacy system (but not all) disappears. After that, we will see new institutions expand and grow until all is replaced.

But it is going to take time. El Salvador, right now, provides protection against government actions. As long as their is one place where one can use as an on and off ramp, crypto will continue to keep advancing.

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