Has anyone thought of this scenario?

If the global fiat system were to suddenly crash. Bitcoin would technically go to 0 because the US dollar & fiat currencies wouldn't exist.

So Bitcoin wouldn't have a currency to be priced against because right now we price Bitcoin against the US dollar.

This would technically be the flip when the world starts using Bitcoin as the new world currency(The new US currency)

The thing is how does the world re-evaluate Bitcoin. How do we decide how much Satoshi to give a store for 1 loaf of bread.

This is why the dollar collapsing is a terrible scenario. It's better we slowly transition into Bitcoin but the flip still has to happen eventually because Bitcoin will be the king of currencies.

https://image.nostr.build/f3f7d41e7cf61b4000b85349a1371ea37ea9f0245d808054948a2e70b2067cb1.jpg

#Bitcoin