To reiterate what I say in the other note, it's important to understand that Saylor's analysis doesn't go beyond 2045, and by that date he contemplates BTC being just a 7% of global wealth, and mainly by demonetizing a range of asset classes a lot more diverse than just "money", as Saif insisted.

In fact, Saylor says at one point that he doesn't even believe BTC is actually competing against the USD and US Government-backed debt.

So it can hardly be that he is talking about a future in which BTC is the unit of account and fiat a relic of the past.

We all agree that there will always be lenders and borrowers. But just as nobody generally speaking would borrow a piece of real estate if I want to fund my startup, they wouldn't borrow BTC.