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.
Bitcoin cannot reach everyone because as we know it has limitations but at the same time it is going to reach a lot more people than most currencies of the world since it does not have frontiers, I will not be surprised if bitcoin became a giant among currencies that will be accepted almost anywhere in a situation similar to what happens to the US dollar.