Obviously right now we live in a fiat world where Bitcoin is a small but growing part of the global financial system

I think it’s possible we could live briefly in a fiat world actually “backed” by Bitcoin in the way BW system was dollars “backed” by gold

But not for long. Don’t forget BW only really lasted about 15 years

I think BTC obsoletes / replaces USD but this is still a wild chart (from ZH today)

Crazy to think how much of this has already happened or is in the works