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It would never happen, because the amount of money in the world always increases and the amount of potentially-available bitcoin in the world always decreases.
It is mathematically impossible for the amount of bitcoin in existence to exceed 21 million BTC. Every time someone forgets their password, or loses their keys, or disappears Satoshi-style, the number of bitcoins available to the rest of us decreases.
Compare with, say, the US Dollar - there are always more of them. Hell, most of the US dollars that have ever existed came into existence within the past 2 years.
If both things are considered desirable, the value of the finite thing is never going to correlate with the value of the infinite thing.
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