I believe we're misjudging bitcoin on certain aspects. Bitcoin isn't intended to supplant the current fiat framework but instead, exist together with it and go about as another option. While the facts confirm that there are heaps of upgrades that we can in any case have for bitcoin, it will in any case not do the trick to meet the specs of fiat. Then again maybe bitcoin can fill in as a motivation to the framework that will supplant fiat. The system is now there, and the idea has as of now been demonstrated. It will come, however I don't imagine that it is bitcoin that will bring down fiat off of its high position.