In 2009 the first-ever “Cryptocurrency” was created by an individual with the pseudonym, Satoshi Nakamoto who created the first cryptocurrency, Bitcoin. Since its release, cryptocurrency’s popularity has exponentially increased over the past decade. An example of its viability can be illustrated by Tesla’s founder and billionaire, Elon Musk, who has purportedly invested 1.5 billion dollars in Bitcoin over the past decade (Forbes “TITLE”). These types of high-profile investments and general market enthusiasm about cryptocurrencies like Bitcoin have led investors and financial experts to predict the continual rise in crypto’s popularity. They predict that cryptocurrency will eventually rise to the point where it will replace monetary currency in the next few years. However, in this essay, I will argue that ultimately, crypto will be unable to replace monetary currency due to inherent issues of stability in its design and a larger market and governmental forces.