First time I've quoted my own tweet, but here goes - Wake up just enough to perceive this obvious truism: as crypto moves in, Fiat is devalued. As Fiat is devalued, inflation sets in. Not one person has talked about this yet. Strange don't you think?https://twitter.com/officialmcafee/status/981589496431980544 …
That part is obvious. The trickier analysis: what happens to fiat price if USD stablecoins end up dominating crypto? Essentially this is private issuance of fiat-denominated cryptocurrencies. I have a partially-written analysis of this.