It is a ridiculous assertion with a fundamental misunderstanding of the different between fiat and Bitcoin. Some systems need to die and others will overtaken them. This post is the best simple explanation of it that I could find. As always, Preston is a good follow.

https://damus.io/note1hk7tnlz92s2hxkclfgnek7ftyzx7v3s4tjk7frxq6ru8yqg3cdys8566lt