I met someone at a Bitcoin meetup that is strongly against Hyperbitcoinization because he wants Bitcoin to remain an underground Currency. He is also strongly political Libertarian so it makes sense that from this perspective Bitcoin already has achieved its goal simply by existing and people who want to save in the hardest money in the world censorship free can already do so.
I have to admit, I have never thought about this this way. I thought Hyperbitcoinization was the end goal and that is still in the future. I never questioned if this actually has to happen for Bitcoin to be successful.
On the other hand, the positive macro-economic impact without Cantillion Effect would only play out if everyone at least had a wallet. I would also argue that many common people do not know about Bitcoin or don't accept its advantages yet.
Do we have other people here that share this opinion? Is Bitcoin enough as an underground currency? Is this a popular opinion or a niche hottake? I am strongly considering changing my opinion.