No one said crypto should have displaced real currencies by now. But you'd think it would be used as a currency somewhere - and it just isn't, outside of extremely limited cases. Not to mention that Bitcoin specifically just can't work this way due to the way it's designed - it's destined to always be a shitty "investment" asset and nothing more.

>>the market is pricing the likelihood of this scenario with increasing optimism

That is actually very funny to read. The markets are also pricing what they want to happen not what is likely to happen. This sort of prediction is close to pointless.