as presently configured, if we were to switch over to bitcoin tomorrow, and all remaining fiat dissapeared:

- economic scarcity

- a VERY wide gap between haves and have not's

- people hacking the blockchain, finding out where the bitcoin holders live, and robbing them blind so they can eat/pay rent, etc.

- technological barrier to entry. cash or card doesn't require specialized knowledge to operate.

- pretty much the whole world would have to figure out how to live with a fixed amount of currency.

- in short, it'd be like forcing socialism and communism on the entire world.

cc #[2]