In a "hyperbitcoinized world", Bitcoin would be the sole currency (global currency) used for the payments of goods and/or services. At least, that's how I envision it. Wouldn't it be great to participate in such "decentralized economy"? No more governments or central banks manipulating the supply for their own benefit. They will hold BTC, but they won't be able to control it (separation of money from the State).
What would a decentralized world without governments and banks look like? It will be a world of inequality, chaos, fraud and rampant social evils...and I call it herd life and our world will return to the primitive era instead of the modern world. On the contrary, I never expected that to happen and I considered it the end of the world.
If BTC doesn't replace Fiat, then it would've failed. Am I right?
I disagree, Satoshi did not create Bitcoin to replace fiat, it was just an alternative because he also knew well that replacing or eliminating fiat and banks is impossible.
By the way, I'm quite confused that none of us use bitcoin as a currency, we just use it as a speculative asset to get rich. At the end of the day when we reach our profit target we will convert to fiat, why do we expect it to replace fiat?