Friday, December 4, 2020

Bitcoin replacing fiat - how does it end?

Finish this path of events:

Bitcoin soars > Pressure on fiat systems mounts > Quantitative easing increases > ???

Do they QE until everyone is fully into bitcoin?
Do they give up? What then happens to people who didn't adopt bitcoin?
How does this transition go? Who gets hurt?

I'm learning but I can't quite picture how bloody this could be


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