Quote from: BitHodler on October 02, 2019, 08:43:17 AM

1) He nails it though. I wouldn't see fiat being a problem at all if the monetary system wasn't as toxic due to rogue governments. In other words, the tool isn't the problem, just the one issuing it irresponsibly.

2) Fiat is the most convenient and efficient form of money. Bitcoin and other crypto currencies are nothing but a wet dream of people to replace fiat in the future. Right now they are horrible forms of money, and that is almost every aspect.

3) Another thing is that people don't want to spend something that appreciates in value, which applies to Bitcoin and gold. Fiat on the other hand is something we are incentivized to spend due to inflation.

1) It can't be helped (for now). People that utilize a form of money, naming Fiats, that can be manipulated by these so-called rogue governements(?) even if it's really convenient for citizens will have to accept these kinds of acts. Talk about politics, ugh. The government isn't transparent about this at all.

2) I agree. But the thing is, it's also the same very reason why people such as rogue governments, take advantage and use it for their own benefits. As for Cryptocurrency, you have this "freedom", you can use it however much you like.

3) I get that but why do you even invest in it if you will not spend it, per se.