I ask this because of the corona virus where people are too scared to hold money.
The issue is that we value btc against the usd and other fiat currencies. If fiat currencies were no longer how would bitcoin be valued...inflation etc? Can't get my head around how it would work.
Due to pandemic people have to stay a their homes just to keep themselves safe. Because of these Internet is at most used and transactions are done online, the demand of Fiat money have been decreased while the demand for digital currencies increases, The increase on the demand on digital currencies may give a great impact on cryptocurrencies so expect an increased on value of every each crypto currencies.