Cryptocurrency 101: Chapter 3 Connection to Current Banking System

Table of Contents

• Wide Adoption Have Not Started
• Crypto Debit and Credit Cards
• Fiat Digital Wallet
• Find other adoptions and leave a comment if you know more.
• Centralized/Custodial Exchanges
• Simple Indodax Guide
• Simple Coincheck Guide

Wide Adoption Have Not Started

Eventhough cryptocurrency can potentially be a revolution in finance, is still only a potential. This means that you cannot switch from the current centralized fiat system to the new decentralized system like flicking a switch or changing a bit from 0 to 1 and vice versa. This is because the age of decentralized finance has not yet come.

Unless you are in a specialized region, you will have a difficult time living if you sell all your fiat currency to cryptocurrency. Like the fiat currency (dollar, pound, euro, yuan, yen, etc) that you hold, cryptocurrency is just a tool to express value. Your true desires are not these money or currencies, but the…