At the moment Greshams law is in effect bad money is chasing out good money. https://www.microeconomicsnotes.com/monetary-standards/greshams-law-and-its-limitations/1222 Most bitcoin is used for accumulation of wealth and only used to purchase goods or services when people either have 1.used their other options 2. Get paid in BTC ( mainly but not exclusivley individuals in the Tech world) 3. Do not understand that the fiat currency they are holding is losing purchasing power the longer they keep similar but not identical with debasing a currency unless the currency was debased multiple times . Does this mean that eventually countries will not want to hold the fiat USD as a reserve and prefer BTC . I consider it most unlikely that CBDG will be created with limited suppy and therefore will be subject to the same problems as the present fiat currencies
