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.
I think it wont work if we have One currency such as bitcoin would be affected the economy of every country the cost of living would costly and the third world country wouldn't afford this situation the development would be slow and not reliable.