Not a chance.
Bitcoin has no money equilibrium. Hence it cannot meet free market demands. This is a point that people overlook. There is no flexibility. There could also be the question of liquidity if enough Bitcoin gets swallowed up by the major institutions. Bitcoin could possibly end up in the hands of the central banks since it is a capped supply.
Fixed money always ends up in tyranny and, in this case, would also collapse the entire economic and financial world.
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I see...
Valid point.
Even if people are using satoshi?
Do you think a decentralized stable coin would be a better candidate like Dai or USDC coin ?
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I would disagree the flexibility comes from it’s ability to be divisible to as it’s purchasing power increases and we need more granular units it can provide that while the second force would be interest rates, by offering an interest rate you can pull stock out of supply to be used as bonds set the global use of access to currency