Will the value of native currency fall down if the usage of bitcoin increases?do people feel that they don't need fiat anymore for the transactions to happen?Is that why people are trying to let down bitcoin ? Many questions are just wandering in my mind at the moment. Can anyone answer atleast few of them?
If and only if the bitcoin will be started using in day to day needs then I think that bitcoin can increase in value and people will ditch their official currencies of their country and then maybe bitcoin will be officially recognized world cryptocurrency. This will surely impact the national currencies but the bitcoin adaption will be a problem in those counties where there isn't a reliable internet connection and infrastructure for people to use the services and thus they would have to stick to fiat only.