People have always said your bitcoin gains are unrealised until you "cash out" into fiat. But one day soon people will realise the bitcoin world is far safer than the traditional financial system. Its at that point people in the fiat world will need to "cash out" into bitcoin just to protect their money from inflation and bank failures.
The real flippening is when people stop cashing out from bitcoin to fiat to lock in wealth, and start cashing out of fiat and into bitcoin to lock in wealth.
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