What if cryptocurrency does not

I have been thinking of this for a while now and it seems to come to my mind every time I almost at first I used to imagine how did cryptocurrency come to existence and also how life has been even before the existence of cryptocurrency because I know that there's really a normal means half making payment and interacting transactions between people then so this was one of the reason which made me write this post talking about what if cryptocurrency does not exist how will the financial state and economy be. and also the transaction means how will it be very effective and fast.

Source

A lot has changed,the means of cryptocurrency for their payment and also crypto has played a lot of big roles and showed good significance in the economy and payment method and also financial systems. Cryptocurrency has been a means which has been accepted widely by a lot of people and also in different countries which has replaced the digital method which people used to pay money. If cryptocurrency has not been in existence there will still be a lot trying to get the transfer cards which might take time before some people even have possession of it and use it effectively.

If there have not been existence of cryptocurrency, the fact that there is presence of intermediate in the digital net of payments like Banks will be very much even though they are still present and the cryptocurrency has made it possible for peer-to-peer transactions take place without any form of intermediate between them and this has made to run very fast and reliable.

the presence of crypto or a let me say the existence of crypto have made it possible for people to save money with a lot of high confidence that their security died in it and this one is abusive and if they have not been the existence of cryptocurrency local means of savings will still be in place like all these cheaps means and this might be a means for a third party to have access to the savings which you think you have. And cryptocurrency has brought privacy into existence because it does not involve third-party like I said earlier it involve peer-to-peer in a trading and transaction system. So if crypto has been absent there would have been a lot of issue even though the world is evolving everyday but i think a better means than crypto would have been invented.