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 don't think the use of bitcoin has any effect on the value of fiat currencies beside the goal of bitcoin is to eradicate or affect traditional currencies. I believe without the fiat currencies such as dollar USD it will very difficult to make use of cryptocurrencies in many countries so I will say both work together.