The fiat and bitcoin has the same speculative fundamentals because if you look at fiat for example the USD, it is only paper money with no real value that is backed with an scarce asset oil. The value depends on the supply/demand of the market.
Wrong. It's true that BTC and USD are only digital or paper records, but USD issuers (banks) provide USD holders with payments in the form of interest, non-monetary value or collateral, as explained in the video. Bitcon issuers on the other hand, pay nothing to Bitcon holders. USD is backed by collateral of the borrowers or equity of the banks. Bitcon is backed by nothing. Bitcoin is worthless number next to your virtual address.