For. e.g. fiat money is created when a bank grants a loan i.e. SOMETHING, which is why paying someone with fiat money is actually the transfer of rights derived from bank loans. That is why fiat money fits the definition of payment SOMETHING (rights recorded in the banking system) are transferred from one person to another.
This is retarded.
Bitcoin can do everything what FIAT money does, except the inflation which is a feature.
the FED can create infinite amounts of Dollars but there will be only 21 million bitcoins. No central bank has the power to create more coins.
Bitcoin is just a fancy name for changed entry in a database. Fiat money is the name for issued loans. Inflation is an economic term that refers to an environment of generally rising prices of goods and services. So, Bitcoin has NOTHING to do with FIAT money or inflation.