I think it will take a long time and here we are talking maybe about decades until we have a crucial part of the global economy running under the Bitcoin standard. Therefore it makes perfect sense what Michael Saylor said when he proposed the idea of having Bitcoin as a savings account and running your daily expenses with Fiat as Your checking account. Hence, having Lightning with Taro as the bridge between the Fiat world and Bitcoin indicates that we are moving into the right direction, helping people to adopt the Bitcoin standard.

How will the dollars be issued on Taro? Through fiat dollars in a bank or algorithmic with BTC collateral?