These parabolic curves will repeat every few years until mass adoption happens and national fiat is replaced. Adoption will depend on whether the technology can scale well enough.

When this happens, things will get very ugly and violent for a while. Be prepared for government executions and assassinations of bitcoin holders (attempting the $5 wrench attack). Cops will be taking bribes in the illegal currency because national fiat will fail to support their lifestyle. Judges and politicians will be lying in wait to blackmail cops over the legal fine print and will be forced to hand over their wealth to the top. It will create a giant wave of corruption, extortion and fleecing of the public until finally government loses authority and they run to the hills with their ill gotten gains.

Hopefully the public will have learned the lesson posed by the byzantine generals problem and have achieved better fault tolerance (in more ways than one). Civil asset forfeiture policies should have alerted many as to the true nature of our political leaders. They are a bunch of parasites.