I'm not so sure. There are distinct sources of demand for tangible media of exchange. Perhaps bitcoin will get there, but I get into fights with other stackers sometimes when I point this out.

Undisciplined

econ

The Regime's War on Cash Could Destroy the Economy

I think that till now they have been getting away by replacing the way cash is being used. But, they've forgotten that even after you make up a buffalo, it will remain black. Cash is running with some last gas left. Within the next century, all will have to accept Bitcoin because people won't be willing to use mere papers. 