I agree it would be a mix.

I’m certainly no economist but I just don’t see how the US can move towards being fully backed by hard money given the global debt is exponentially larger than available currency and quite larger than most asset classes. This doesn’t even include the compounding interest on that debt.

Partially backed by hard money, maybe, but the repricing would be fascinating to watch. The level of defaults/bankruptcies/restructuring would be jaw dropping. I still really don’t see it happening but way more likely than fully backing up the USD.

The more realistic scenario is the USD continues its trajectory and BTC exists side-by-side increasing its market cap.