If bitcoin would stand on it ground for the buying and selling of goods and services with p2p, the future of fiat money for National and the Global level would have been shaking. Even now the way things are going if bitcoin is accepted to be use for shops and other events centers in many communities and countries then the future of fiat currency will be in trouble. I think when bitcoin has been use massively in many stores, there costs of living will reduce because many countries use dollar to increase their products because they are using imported goods and products.

So they use dollar rate to make things costly for their citizens to buy. Though the fiat currency can't be automatically eliminated but it will be reduced drastically and the printing quantity will be reduced as well. And even now too the printing of fiat currency has reduced and why things are still.om the high side is because of the dollar exchange rate because most of the things we buy are imported goods.