Is crypto going to replace fiat money in 10 years?

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No, I don't think so. Not any time soon. But crypto is going to disrupt a lot of financial institutions and systems.

It's going to change the status quo. It's going to bypass the accompanied bottlenecks that's involved with traditional financial transactions.

One major aim of cryptocurrency is to bypass third parties when carrying out financial transactions between two people. It is to bypass the banks.

For instance, if I'm sending money from Nigeria to someone in USA you'll have to pay for remmitances (transaction fees). And most times, these fees are quite outrageous. But if I'm sending crypto to someone in another continent from Africa I do that without any transaction charges or in few cases with very little transaction fees.

Another crypto advantage is that it is faster than fiat, you can actually send money to someone at a far distance within 5-10 secs. But with the traditional banking fiat systems it takes days.

However, I'm not sure of crypto replacing fiat completely in the next 10 years. But can sth happen to alter my thought? Yes!

That exactly, I don't know in details. Notwithstanding, if works and projects continue towards improving cryptocurrencies and developing the associated innovations about it then a revolution could happen soon.

There's so much work to be done on cryptocurrencies. It's volatile nature, the constant fluctuations of market price value, the minning, communities associated with its promotions and activities etc.