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?
Everything now will happen. Bitcoin as a digital currency has been created for every online transactions If the usage will increases, The demand is high and it will give better effect of course to the native currency. But it depends upon the volatility of bitcoin. Still we need native currencies as the central banks to monitor and control the economy of the country. We still both need them for the better future.