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 hyper BTC scenario where Fiat is dead:
you do not borrow to buy consumer goods (cars, houses etc) you could borrow to buy CAPITAL GOODS that generate income in Bitcoin terms 
 The furthest future discussed in the video is 2045, and in no case we're seeing that happen in such short period of time. 
 And by the way, that's exactly what I keep saying I hope BTC becomes: collateral to borrow against and buy capital goods that produce cash flow. That's the only possible "yield" that BTC can generate.