People who are just holding btc to cash out at a later date will feel the most pain financially. Fiat is dead.
Maybe they don't want to just cash out? I'd like to hold my coins not to cash out to fiat but so I can actually buy things with it or pay my bills in it etc. I'd really like to be able to just live off btc as opposed to fiat.
That's pretty much what I hope for in the future, a fiat free life would be immense but I we've got a long way to go yet before that day comes. Soon as you can pay for food:utilities:insurance etc in btc, I'll be saying buh byeee to fiat for good.