What is wrong with fiduciary money, it is a type of money all the same. I think what you are saying is you prefer not to let it be regulated by banks and financial institutions, rather you want it to be completely decentralized. I understand your point, but what we can do about it? These guys are powerful and they have strong lobbying power too.
That's a defeatist attitude right there!
I am glad that there are braver people out there launching projects to change the statu quo.