I have a hard time following the logic when people make a statement that Bitcoin will replace all fiat currency. In my world view, they coexist and will continue to coexist. I can see where some fiat currencies die and Bitcoin fills in the gap, but not on a global level. Your thoughts?
Maybe it is because Bitcoin is having plus points or advantages. In Bitcoin, users will be also investors since storing up their Bitcoin on their wallet will already yield to huge profit since its market price is continuously growing at a high rate which fiat cannot do. Even if Bioin is volatile, people nowadays are seeing it better so it is not surprising to know that there are people who believes that Bitcoin will replace fiat.