I have a hard time following the logic when people make a statement that Bitcoin will replace all fiat currency. In my world view, they coexist and will continue to coexist. I can see where some fiat currencies die and Bitcoin fills in the gap, but not on a global level. Your thoughts?
Yes, cryptocurrencies will coexist with fiat currencies, just like the automobile coexisted with the horse and buggy. The transition doesn't happen overnight, it takes time.