fiat currency became a ticking time bomb in 1971 when J E Hoover decoupled the USD from gold
fiat is inflationary
gold and bitcoin are deflationary
central banking creates dollars with debt from nothing using fractional accounting
us government doesnt collect enough revenue to pay the interest on the current debt , hence the need to go to congress and continually raise the debt ceiling
100% of fiat based currency have historically failed due to inflationary pressures
there currently is a currency crisis which makes Bitcoins 4th bubble ( the previous one ) look like a smooth line
crypto is a digital hedge for super inflation just do a quick google on failed and failing fiat , its scary
I actually trade fiat to increase satoshis so back the front from what you are saying
and yes when the likes of JP morgan and facebook are creating methods of financial transfer not dependant on fiat currency I pay attention
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