my mind always asks, if one day bitcoin gets legal regulation, and is recognized all over the world. will fiat currencies continue to work? which country will be saved by the economy? and which countries are negatively affected? Or not effect in country. because in my opinion. when the legality of bitcoin is recognized throughout the world. There will be no currency difference. all values are the same. or will become commodity items such as gold etc. Give me your opinion
When bitcoin finally achieve adoption and legality around the world, fiat will still remain. Even if bitcoin got legally accepted, it doesn't necessarily mean that all fiat will stop working. Bitcoin will work as an alternative currency but not as a main currency. There would still be currency difference since crypto will just work as an alternative currency just like how bitcoin works now with countries who ain't banning bitcoin.