For me it would be a good economy because it has great value and bitcoin is more convenient to use. How about you what do you think? Share your thougths.
It would be a utopia economy, if you understand what I mean. Such a scenario can never exist because that would mean everyone would learn how to use the internet. This is highly impossible. There are old dudes or even young people who aren't Internet compliant. Also, there are some underdeveloped countries where electricity is a huge problem. Bitcoin can only remain a currency for a selected few. After all, its supply isn't even much. Just a mere 21million is really too small for the entire world if it were to be used as the only global currency.
Yeah several countries are not having bitcoin and the main internet access so it is hard for them to use bitcoin and make money through it. In my country almost all the cities and local areas are having internet connection and they are enjoying fast and clear internet now, bitcoin is fine and safe currency can be easily use by all people. So it is possible to have bitcoin currency and as regular currency.