I do think that one pathway to the "collapse" of the state's fiat monopoly is a gradual accommodating of alternate payment methods.
I don't really know if stablecoins count as that though. AFAICT stablecoins are still giving the government what they want which is control over the money supply (since on paper, stablecoins are pegged) and visibility into how people are spending it (KYC/AML).
I do think that one pathway to the "collapse" of the state's fiat monopoly is a gradual accommodating of alternate payment methods.
I don't really know if stablecoins count as that though. AFAICT stablecoins are still giving the government what they want which is control over the money supply (since on paper, stablecoins are pegged) and visibility into how people are spending it (KYC/AML).