Crypto Patch for Dollar Bubble?

The Federal Reserve has been printing $Trillions and suppressing interest rates in order to prop up the market. The inflation of the monetary supply continues to expand but the value of the Dollar has been slowly declining over the past two years since its high of 102 in January of 2017. The combination of increased money at a decreasing value should give higher price inflation. The reason price inflation is not happening is that a large amount of Dollars are tied up in liquid assets held by the big banks. Enter the cryptocurrency market to the global economy. Some have said that Bitcoin is the pin that pops the bubble but I am proposing another theory. What if the cryptos are a small patch on the fiat currency bubble? The money that goes into Bitcoin is essentially frozen and no longer moves through the economy, just like a frozen Dollar held by JP Morgan or Apple. The cryptos are being used as a speculative asset, not as actual currencies. All the money going into Bitcoin is not placing a real demand on real goods, neither is a Dollar used to Buy that Bitcoin. We will see the fiat currencies pop when cryptos(Bitcoin) begin functioning as a currency. This event could coincide with the increased velocity of money when people begin to realize the actual depreciation of their fiat currency.

Consider this from Wikipedia:

"In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will disappear from circulation."

Which money will be more valuable? Bitcoin, another crypto, Euros, Yen, Yuan, or Dollars? It is all a matter of faith that will determine the winner of this global currency war.