lol how hilarious would it be if the USA government and most citizens amassed huge debts in USD, then Bitcoin "wins" and the USD crashes, and they effortlessly pay off their now-meaningless debt. Ha HA shoulda lent in GOLD, bitches! Thanks for all the consumer goods!
Yeah, real funny. Right up until the point that, at best, all the factories in China that make our consumer products are nationalized and retooled for products never intended to come to the US. What then, once your Iphone breaks? And that is assuming that they don't decide to invade to take whatever they can find in payment. Wars have started for much less. And there is no case in history wherein the national monetary system collapsing did not result in civil unrest or a civil war, or fascism. Be very careful what you wish for, young man. You might just get it.
Sorry, I didn't mean to offend with my crude gallows humor. I agree with your analysis, but this wouldn't happen overnight - surely the powers that be would work something out in the meantime.
Don't count on that. Those powers are the same that continue to deny the problem exists.