Obviously if this happens, a lot of new millionaires, billionaires and maybe even trillionaires will be born. Do you think this would have a large impact on society? Would this cause nocoiners to become the new low class? Would prices of every day goods rise? Would Fiat currency even be worth anything? Or would we just have a lot of new money in an otherwise unchanged society?
(Hopefully) obviously, this post is purely hypothetical and in reference to John McAfee's prediction.
In my opinion there are only two ways in which this could happen, in the first the scenario we will be in the biggest bubble of all time where money from many different industries is diverted to bitcoin and other cryptocurrencies, at that point you should expect a big crash that will probably destroy the economy of the world, the second scenario is that the economy first enters in a crisis, then governments begin to print currency as fast as they can and then bitcoin begins to gain value very rapidly since now there is more money chasing after it, in this case the economy also crashes but now bitcoin is not the cause.