As long as we have fiat, bitcoin WILL always increase in value. Because bitcoin supply is capped and fiat will continue to lose buying power year after year. At

As long as we have fiat, bitcoin WILL always increase in value. Because bitcoin supply is capped and fiat will continue to lose buying power year after year. At this stage, there is no incentive to hold fiat and huge incentive to hold as much bitcoin as possible. If bitcoin replaces fiat, bitcoin becomes the main representation of value. It no longer goes up against a trading pair of fiat. I speculate that its buying power would stabilize and become fairly static.