Why is everyone putting words in my mouth?
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I didn’t say there would be hyperinflation. I merely recommended gold and bitcoin as two assets for a hyperinflationary event.
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Bitcoin developers already “changed the algorithm”, twice! One is called Bitcoin SV and the other is called Bitcoin Cash. They are no longer Bitcoin. If developers vote to make another change, it will be represented in (yet another) fork from Bitcoin. Meanwhile, Bitcoin will remain Bitcoin, and well, that’s kind of the whole point of a distributed ledger (aka blockchain).
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Bitcoin mining costs are not negligible nor is the supply infinite. If those fundamental aspects of Bitcoin were to be changed, refer to point 2.
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Other crypto coins (of which there are literally thousands) are not Bitcoin. Many of them share nothing in common except that they operate on blockchain. Comparing them to Bitcoin is apples to oranges.
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I fully, 100%, unequivocally, unreservedly agree with you that the US dollar is backed by the might of the US military… and more importantly, the trillions of dollars in US denominated global debt. The US dollar will destroy and devour all other currencies as citizens, corporations and nations service those debts, starting with the weak ones, and ending with the pound, euro and franc, before itself succumbs. That might take several years… so, I don’t know when, but in my humble opinion, I do believe its inevitable.