They coexist right now. And will continue to coexist until the dollar dies. Bitcoin will speed the collapse, but there are a lot of dumb people, stupid companies and corrupt / retarded governments who will continue to use the dollar until they collapse too.
But it's gonna take time. And thank God for that because we need to get a lot more innocent people on the lifeboat before the whole thing goes down.
I’m not sure that we’re in a healthy credit issuance market. Nor have we been in one for the last 4 years. All the while bitcoin has grinded to ATHs. Let’s see what happens when they make loans available and affordable again … if I could lever up fiat debt on a real estate transaction … smash buy some btc and use the cashflow to DCA more btc, I would.
Totally agree. Just pointing out that fiat isn't dead yet. It's gonna take some time. But you are right, they cannot coexist forever.
