Have you seen how governments responded to the corona virus?
Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
Yes. Up to this point your opinion is absolutely correct. While governments of countries are struggling to find policies to respond to and reduce the vulnerability of covid 19's consequences, a doorway to bitcoin's rise is understandable. Fiat no longer matters in covid translation terms, even with Fiat in hand, you still cannot use them and cannot invest anywhere. but bitcoin is too different. $ 48k will not be the stop. I will follow it triggered the next history.
They could not lockdown the economy for too long, to balance the fiat and the damage had taken place. That is also the weakness of fiat.