Good take.
Bitcoin eats the souls of all the currencies, making it stronger with each victim, until there none left standing.
And then it poops them all out and makes a nice garden. Maybe grows some tomatoes.
This has been the thesis all along. Bitcoin will inevitably obsolete all other money and the road to total fiat irrelevance is paved by the dead bodies of all the weak currencies. The weakest currencies lie at the beginning of the road and the relatively strong ones will be keeled over toward the end of the road. At the end of the road is a throne and bitcoin is headed on a b-line toward to claim its crown.
https://www.tftc.io/bitcoin-new-all-time-high-in-30-currencies/
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