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?
I think the effect and performance from 2008 will be the same. If fiat can be used for bad and good then it will be the same if we are using Bitcoin as currency. Fiat and Bitcoin are the same currency but only not the same form therefore i see no difference if finacial crisis will strike again even do Bitcoin will be the sole future currency.