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 stores, markets, and banks have adopted bitcoin as a whole, of course this will have an impact on the reduced use of fiat currency especially in transactions, in this case we can see real examples like what has happened in Japan as a friendly country will bitcoin. The use of bitcoin currencies in Japan's tantamount to the use of yen, banks will still get income from the transaction costs incurred, both when converting from bitcoin to money or vice versa.