Bitcoin has provided great opportunities to find safe and user-friendly havens, so no one can predict what might happen in the medium and long term, or perhaps even the near term.
You don't need to echo what Bitcoin can do again, we all know that and the context is beyond that. I've also mentioned it and everything still revolves around privacy, decentralisation and investment, nothing more.
Are you telling me this will now reshape the entire economics of the world? Then you are joking, it can't go beyond what we see now, but of course, expect more regulation that will indirectly reduce the benefits in the future.
In other words, what we can enjoy in Bitcoin is the the investment/business opportunity, privacy and reduction in government control. But such can't reshape the world's finance/commerce at large.
Since this is a discussion where we address several possibilities, my view is based on real facts/data, and I believe I am not talking nonsense in any case. I consider Bitcoin a store of value, meaning it can be compared as gold, and I do not consider it merely an exchangeable currency, despite its good performance as a currency and as a payments system. Based on this, I rule out the possibility of Bitcoin ever being able to replace the dollar or any other fiat currency. Rather, I expect that we will witness the launch of currencies in the market that are backed by Bitcoin, just as fiat currencies are backed by gold. Please discuss my ideas without provocation, as I am in a civilized discussion and I am not here to harshly defend any idea. Thanks