Going back to hard(er) currency would limit the flow of wealth to the places where money is created and put into the system. It would be quite a game changer with lots of repercussion for people who had to make choices in the old fiat world. It is this transition period that I worry about mostly.
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I do not mean to suggest going back to a gold standard system. Personally I think that it would not work in modern times. About 4 years ago I had an email conversation with Max Keiser telling him the same and that I believe Bitcoin will out price gold. He disagreed. Now look at the case. Crypto is nothing less than a money revolution that I believe will eventually take over the world. Honestly, are there any other alternatives out there?
The banks and our Govts have shown they are incompetent to organise economies. Cheers for the comment very interesting.