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Replying to Avatar a source familiar with the matter

IMO Bitcoin will die when fiat dies

Right now, much of the usability of Bitcoin is built on people being able to easily transfer it into fiat to pay their suppliers

Even if your supplier is Bitcoin friendly, is their supplier?

You need a whole circular economy to keep using Bitcoin in the absence of fiat conversion

(or assuming that in the event of fiat collapse much of the world returns to metal disks, you need a ready conversion mechanism between Bitcoin and metal disks)

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Matt 1y ago

You'd still need to create a circular economy with metals again anyway. I think the more likely case is that people choosing to deal with archaic metals would be the ones trying to figure out how to swap into Bitcoin to pay their suppliers, not the other way around.

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