In a recent interview with Lex Fridman, Balaji Srinivasan discussed the future of fiat currencies amidst rising inflation. Srinivasan likened the U.S. Dollar to Microsoft Windows, suggesting that while fiat currencies may lose dominance to cryptocurrencies, they will not disappear entirely. Instead, they will transition into the crypto space, similar to how Microsoft remained profitable despite losing market dominance to Google and Apple. He predicts that while traditional financial systems will persist, they will serve a smaller population as more individuals opt to join the crypto economy.