Am I understanding this right?

Once all the world’s currencies collapse into Bitcoin, due to its finite supply it would then become a stable coin? Or will it continue to appreciate because technology should always reduce the “price” of goods in a truly stable economy?

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The purchasing power will likely continue to slowly, steadily, increase as people offer more and more to earn your bitcoin. Most importantly, there won’t be other buyers competing with you for those things with money they just created with no work other than pushing a button.

Increased productivity will continue to drive the prices of goods down, slowly (in bitcoin terms).

That’s my understanding of it also. Thank you!