Bitcoin is the solution to hyperinflation it just has to be accepted here's how it will happen . . .

Many of us have heard of Zimbabwe, Venezuela, or even the Weimar Republic where the buying power of money was destroyed by money printing. One of the solutions to this problem has been adopting the currency of another (more stable) country which is actually what Zimbabwe did, switching over primarily to the use of US dollars when they could get them. All that has to happen is one or two decent sized emerging economies to make bitcoin the official currency.

The Chicken and Egg Problem

How do you find a country desperate enough to give up money printing, where everyone is rich enough to afford a computer?
For a country to make bitcoin the official currency, everyone who want to transact needs to have a computer that can store a wallet. In a country where the average per capital income is less than 1000USD a year (Zimbabwe), this could be a tall order. There are initiatives like One Laptop Per Child that want to get everyone on earth a computer. It remains to be seen how successful these outfits will be, but for OLPC their goal was a $100 laptop. The tablet revolution has enabled them to create a solution for less than half of that price.

It's only a matter of time

Right now, there are about over 100 countries with an annual gross domestic product of less than 10 billion dollars according to the UN. Some of these countries, who's economies are mostly based on tourism, are looking at currencies. They already have electronic payment infrastructure, so it's really no big deal (http://www.coindesk.com/how-a-tiny-island-could-give-cryptocurrency-a-big-boost/). What happens when a country with a more substantial economy, say 200 billion a year adopts bitcoin?

All hell Breaks Loose When one Midsized Economy Adopts Bitcoin or Ethereum

Bitcoin currently has a market cap of less than 45 Billion dollars. The adoption by one country with a 200 billion/yr GDP of bitcoin means that over the course of that year, bitcoin will have to support 5 times the monetary volume and therefore be revalued 5 times higher just to carry out the annual transactions. This would not include the country's savings or real estate value, all which would have to be represented in the bitcoin market cap. But why would any government consent to giving up the ability to print money?

With State Adoption Just Like With the Speculators, the Early Adopters Get the Highest Reward

Like this post if you knew what ETH was when it was 10.55, that is what it was the day I opened my coinbase account. Resteem this post if you knew what ETH was at the hard fork where ETC and ETH diverged. If you spent 1000 at ether of these point (one of which was 5 months ago) you have seen your actual buying power increase over 20 times. The first mid sized economy to adopt bitcoin will watch its bitcoin savings grow by at least this much in the first year. Then it will double again (40 times the original value) when the second country of similar size does it (if that even takes a year). From there the dominoes keep falling.

Endgame

There will only ever be 21 Million BTC ever mined. The global GDP is currently about 104 Trillion dollars. If bitcoins are worth $1,000,000 dollars, that means bitcoin can account for about 20% of the current global GDP at that valuation (21 Trillion Dollars). The amount of currency in actual circulation is far less than the global GDP, but the amount of actual money when debt, derivatives, real estate and investment is over a quadrillion (that is 1000 Trillion) dollars, a lot more according to some estimates of the derivative markets.

Million Dollar Bitcoin Happens WHEN BTC achieves 2% acceptance globally

Million Dollar Bitcoin is not an IF it is a WHEN. The U.S. dollar has been devalued 95% since 1913. Anything that goes down 95% goes to 0 eventually. The only question regarding million dollar bitcoin is weather a bitcoin buys you an island, a house, a car, a vacation, or a cup of coffee. We will eventually have it, one way or another, but the chances are you will see million dollar bitcoin in today's USD buying power valuation.