Bitcoin cannot compete with the currencies of states. And there are relatively few criteria for such a competition. While it is possible to judge the capitalization, that is, the amount of money invested in this cryptocurrency. However, the paper money supply of all states will still be larger, even though the amount of paper money should fall due to the trend towards the digitalization of fiat. In addition, states have a lot of leverage over Bitcoin and other cryptocurrencies, so the competition will not be in favor of the cryptocurrency. It is better for it to coexist peacefully with fiat, including in its paper form.