If the major currencies fail/drop 50%+ per year in N years, crypto value will be screwed too, even more. Because all those major currencies are backed by huge

If the major currencies fail/drop 50%+ per year in N years, crypto value will be screwed too, even more. Because all those major currencies are backed by huge economies and militaries and whatever's needed to prevent those people from starving. As usual, it's great to have diversified assets, but that's not really a viable option for the average person that can barely pay their rent.