Fiat is still the strong hold and tell you what gold is still the best asset in this world no matter what you talk about the bitcoin or what price bitcoin has got today. I don't think it's working as inflationary alternative to government fiat currencies,
I mean that change is not even observable in the current era. In general public the best currency is still fiat and best store value is still gold. It is just that you and me are more or less dedicated into crypto thats why we see the fusion of it. But come on look at the world population and look at the number of people involved in it.