What do you think is the likelihood of a 2008 financial crisis happening again if we only used bitcoin and there were no fiat money at all?
the financial crisis from bitcoin will be a different nature, while the 2008 financial crisis came from workers being not able to pay their debt,
the financial crisis from bitcoin will be:
1. uncertainty
2. financial mess and chaos
3. high volatility.
4. everybody working for money will be systematically punished, because there is no systematic distribution bitcoin is like a rabbit hopper you dont know where it is.