[bordercases]

> digitally scarcity

As long as crypto is pegged to a fiat currency like USD then the scarcity effect is going to be destroyed by speculative valuations.

USD isn't going to stop being fiat because it's too useful for it to be fiat when doing market regulation.

USD might stop being standard currency, but I expect other countries are going to maintain fiat standards because being able to vary the nominal amount of money supply is a better policy tool than merely controlling gold, because it opens up another theater of war beyond maintaining hard power.