Well at the rate some of these reserve banks are printing "toilet paper" money, it could just be likely that enough fiat will be available to try things like this. Only problem is, the more they print, the less
it's worth on the open market.
...and yet bitcoin is only worth half as much US toilet paper as it was at its peak. How is this possible?

How are we missing each other on this point? On this date 1 bitcoin is worth $672 US. I hope you not referring to the total dollars in circulation, because that would only make this worst. The amount of
money in circulation has nothing to do with this... well a little bit, because it shows us how worthless is has become. Bitcoin has also been the best performing currency for the last couple of years.. the
rest of them are just losing value all the time.
