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?
I think it doest affect that the value of native currency fall down if the usage of bitcoin increases, instead the native currency will get high if the Bitcoin price in the market rise. The usage of bitcoin does not affect the value of a native currency. Even though we have bitcoin still the native currency is regulated by the government and we still need fiat in our daily transactions.