Can you explain why?
Discussion
The get paid in bitcoin tier is at some level of bitcoin mastery. I am at build a bitcoin node from scratch level and make about 100$ a day in my FIAT job. For me to switch to a paid in bitcoin job means I need to make more than 100$ a day, And then I need to consider the taxes with selling bitcoin to buy the things I need, Or what comes along with that. I am pretty sure 10 s19pro miners at 2cents per kilowatt don’t make 100$ a day in bitcoin. Getting a jab that pays in bitcoin is pretty much more exclusive than getting a job at a bank, And far harder to come by. Most people will buy a few hundred dollars of bitcoin, Sell the first time it dumps, And miss it entirely.
I think you don’t get my point.
We are so early that people still accept shitty fiat for Bitcoin. There will come the point when nobody accepts toilet paper fiat anymore. Your only option left to get more Bitcoin will be to earn it.
I also disagree with this point. I do think the role of the state is to preserve itself, Not its population, But I do not think enough people are technically able to comprehend bitcoins value proposition fast enough for every government to actually collapse at once. Aside from this there are still economies that have not suffered massive inflation like Monaco or Denmark. I think CBDC will fill the role of the less technically able people like homeless or disadvantaged people from poorer economies. Bitcoin is for people from the middle class who are smart enough to recognize the shortcomings of indebted economies. Just like gold.
So, you believe that not every fiat currency will inevitably reach zero and collapse due to a loss of trust?
I strongly disagree with that.
I think before that will happen governments (like El Salvador) will value their fiat currencies on Bitcoin. Some countries will take longer than others to use bitcoin as a reserve asset, But I do not think a global hyperinflationary collapse is inevitable. Check out the dollar milkshake theory. The IMF prints the money for 194 other countries, And that makes up about 3 trillion dollars in USD denominated debt. This is what helps the dollar keep its value. I think Bitcoin will become a more efficient way for the US Government to export dollars, As that is the main value proposition of the Federal Reserve. Instead of using dollars to value these 194 other currencies, The digital dollar will be the US Government domestic asset, And as different nation state economies make trade, Bitcoin will be the asset they by and trade with each other. This is not an Everyman kind of thing, And nation states are not just valueless in essence. The currencies they trade in are ultimately a psychological concept, But so is bitcoin.
No fiat currency endures in the long run – it's a mathematical reality.
Ludwig von Mises asserted, 'But the certain fact about inflation is that, sooner or later, it must come to an end. It is a policy that cannot last.'
Consider delving into 'The Changing World Order' by Ray Dalio, where he scrutinizes the last 500 years of major currencies. We find ourselves stuck in a cycle: fiat currencies fail, and we revert to hard money, historically gold.
Yet, claims on gold represent a technological innovation, enhancing trade efficiency but introducing trust – a trust repeatedly exploited throughout history, leading us back to fiat money.
Fiat money results in resource misallocation, widening wealth gaps, and consequential social problems. Populism emerges, challenging capitalism.
Claims on bitcoin signify a technological regression. Arguments favoring claims on hard money that led us to fiat become invalid if bitcoin becomes the next 'Type 1' money (see pic) in the cycle.
Your perspective seems to suggest this time differs from the last 500 years. Only time will tell. 
Reflect on why, in the face of collapsing fiat currencies in history, governments refrained from reverting to the backing of gold rather than allowing them to crumble. It's essentially the same strategic move: securing your fiat currency with hard money before its value hits rock bottom. This option has consistently been available to governments, given the enduring presence of gold throughout millennia.
I think economies that struggle are more likely to first dollarize, And after bitcoinize, But economies that outperform the US will practice business as usual and will be the buyers of last resort. The best customers of bitcoin are the offshore hyper capitalist and corporations. Average people are in there too, But the latest bitcoin holders did not buy their bitcoin like you are saying. There was a time where you just went to a website and got bitcoin from the bitcoin fountain. I do think it plays a very important and interesting role in the economy but I think society would be too fucked if a total economic meltdown happened and I think too many people are too reasonable for that to actually happen. Look at countries that live in extreme poverty, or do not rely on currencies for transactions as a primary economic system. I mean like the small islands off the west coast of Africa where people largely live off natural resources. Bitcoin does solve the debt based money problem, But it is not a cure all and is not right for every government or economy.
Furthermore consider this: Why should individuals opt for a claim on bitcoin if they can engage with it directly?
Because the 21 trillion dollars in offshore money belongs mostly to the mafia, Drug cartels, And human trafficking triads, Who can not use their money if they are unbanked. That’s why the Kevin O’Learys of the financial world can not just ape into bitcoin, Because their money is actually controlled by Blackrock, So an ETF product is the way everyone gets what they want. It really is a nice group that will be wealthy in bitcoin.
What a reply. I tried.
We will see who is proven right.
I’m not saying you are totally wrong, I just count on the stupidity of average people that can’t think for themselves to outnumber the people who can actually see what is going on, And the fear that grips them into complacency. The money is fixed, Now what else do you want to change?
You have 33 trillion in the US government debt market, And 36 trillion in defense. These two marked make up the bulk of the US State. 21 Trillion in offshore money can not compete. Imagine if the military one day went after the criminals. Would the military need bitcoin to survive or would bitcoin need the military to survive?