I think he was getting at bitcoin being adopted as a currency. Meaning you don’t “buy” USD. You just earn it from an employer or by providing a good or service.
Discussion
No that’s still retarded. The USD will still exist and you can exchange it for bitcoin. It will just take many more of them. Am I crazy? How is this even a real discussion lmao . It’s price discovery. It will just result in way higher fiat prices than they are imagining.
Yeah I don’t disagree with you. Fiat has been a relatively short term experiment though and even in that timeframe, a lot of currencies have come and gone. I don’t think the USD will last forever.
Will it go away in our lifetime? Probably not.
Fiat before bitty does. We are in a new era . Doesn’t “Bitcoin fix everything?” Like helping balance a gov budget. And even if a fiat does fail, they will just make a new one . It’s an op utopian dream lol like libertarianism
1000% agree the dollar ain’t going anywhere soon
Any nation state that adopts bitty will be fine. Legal tender status means ppl are required to use their currencies. As long as they survive so will their fiat. Which is why everyone will adopt bitty. Adapt or die
Just look at all the states and nations talking about reserves. Natural progression of things