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.
Bitcoins have already succeeded without a doubt as everyone is talking about crypto now days and if you look at the market cap of all the cryptos combined it is humongous which confirms the success toward world wide only one currency. I still feel like there are big whales controlling the whole market at their fingertips and we are only part of the big game played by them which makes bitcoin more volatile and making more people to hesitate to adopt bitcoin. Because, when more people adopt then it will become more easier as world wide one currency.