An outcome I’ve thought about is that some, even a majority, may never stop using the “dollar.” Only the fractional reserve policies and balance sheets of the banks they use may change. Not the outcome that I want, but for many people there may appear to be no transition at all. I talk to my dad about this sometimes and it seems like an intermediate state that’s definitely plausible
yep, not an outcome either of us want. I think it's ultimately temporary until bitcoin is working natively for us so well that we find less and less need for dollars at all. Which is also why hyperbitcoinization will take generations
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