who is "they"?
fiat money is being slowly devalued but bitcoin's value is rising much faster. there's no point complaining about human nature. it's just rational greed playing out.
The bankers, the FED.
How do you measure that? fiat? LOL, I am not complaining I am showing people why they are dumb.
"If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it."
btw, he does not mention about selling it for fiat.I have obtained bitcoin with no fiat, I have bought items with no fiat, I have traded bitcoin for many things, food, water and computers without any fiat. Never used any fiat to obtain bitcoin, never sold any bitcoin for fiat. I have bitcoin left over and items left over.
NO FIAT NEEDED