If you're so anti-crypto I don't see why you're on this forum. Bitcoin is as popular as its ever been. Post COVID, people recognize that decentralization is the way financial systems should be run. It took all of 3 months for governments all around the world to permanently destroy their currencies through artificial economic stimulation via money printing. EU and the U.S are seeing high inflation numbers and low economic growth. You think these are signs that people are somehow awakening to Bitcoin's antics and NOT traditional currencies?
I am on this form to save people from scam. Governments destroyed nothing. Borrowing business of the banks and the borrowers is still going on and those who hold shares in this business (fiat currency) are still receiving goods, services, labor or collaterals from the borrowers. It is just that they receive less due to inflation.
European Union inflation rate 8.1 percent:
https://tradingeconomics.com/european-union/inflation-rateU.S. inflation rate 8.3 percent:
https://tradingeconomics.com/united-states/inflation-cpiYou are watching currency collapse in real time. Is your argument that this is not government induced? What explanation do you have for a consumer of any of these currencies having lost their purchasing power by 8 percent from the same time last year other than government irresponsibility.
It is just that they receive less due to inflation. But, all businesses have ups and downs. Why do you mention the borrowing business in the forum about shares in the nonexistenent business?
You are attacking decentralization and making the argument of centralization in your original post and I've provided you two demonstrable metrics of centralization overreach. The inflation rate does not magically go up on its own. I don't understand what you mean by a "borrowing business."