Quote from: Broly46 on May 15, 2019, 03:10:21 AM

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible theyre to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we dont know yet?

Nope. I simply do not think that bitcoin is in direct competition with banks per se, nor is it going to replace a lot of the functions that the banking system offers.

Especially when you consider the fact that bitcoin exchange with fiat mostly does not involve cash at all, but rather in essence just exchanging electronic balances at banks - it is extremely unlikely that a spark in demand will all of a sudden lead to a cash crunch in a nation.

Unless of course, you're talking about an economy that is already experiencing hyperinflation or an economic crisis, like Zimbabwe or Venezuela. In that case, the government of these respective nations will most likely try to avoid capital flight through banning the use of BTC, but even then it is not enforceable, and not the cause of their economic issues.