I think this stems from the difficulty people have of measuring value without a yardstick, local currency is that yardstick. There will be a global currency and unless something monumental happens it will be Bitcoin but also there will be others as well. I think local currency will survive for some years as the yardstick of value but will decline slowly over the years, it is possible that one time in the distant future there will be only one dominant universal currency.
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Makes sense. With the globalization it's only a matter of time.