Do not get me wrong I know they are bought, I was just pointing out the direction they want to go, and we may show to them that has never existed and that is not going to work but those people always think they know better, in my opinion there are only 5 scenarios possible
In the first scenario, there is no reserve currency and each country tries to hold the currencies of other countries similar to what China and Russia are already doing, in the second scenario a basket of currencies is created and a new world currency is created, neither of these scenarios are going to work.
The third scenario is the one you presented in your first post, the fourth is going back to gold and silver and while you believe more in this scenario what it is going to happen when we get access to the technology to explore the space and get as much silver and gold as we want? I think humans will have at some point to create their own scarcity somehow and bitcoin show to us how we can do it.
And the fifth scenario is chaos, which is terrible but I will not discard it.
Nice analysis. Another strike against a basket of fiat currencies will be that, if we get to that condition, by definition, fiat currencies have already been discredited: the dollar is discredited by definition, and the other major fiat currencies, having been engineered by the US to live in the shadow of the dollar over the long term, have an even more exposed history of debasement.
But, you never know. The elites might try it, and it might work for a while.
All five scenarios assume a reactive approach by the elites, i.e. waiting for collapse to happen and then trying to make a change. But cryptos, being still at such a low price compared to gold, allow them to be proactive. Without too much damage to the reputation of their system, they can engineer inflation that will more quickly eat away the value of the world's debt. That will achieve a long-term stability of their system, as compared to the ad hoc measures to prop it up a short while at a time today.