This is a timely topic at the moment, because as the days go by, more and more fiat currency is being printed, which is basically causing inflation. This is why the value of our money is decreasing even after the interest we get on the money we keep in the bank. However, we also have to remember that it would not be right if we held all our funds in bitcoin, because bitcoin has volatility, which can hinder us from using the money all the time because then we can face losses.
And that's why I think we should balance our assets between fiat currency, bitcoin, gold and as well as the land property so that we don't have too much of an impact from inflation.
Hold some in asset that can hedging against the inflation is a must and th rest in stable token. We have stable token who can be treated 1:1 as fiat, but so much utility. So why hold fiat? Just replace it with stable token, the earn APR or APY from there. Fiat is literally hopeless.
Can you say that what's the difference between the Stable coin(crypto) and Fiat Currency?
If I'm not mistaken, what you mean by holding a stable currency is any one of USDT, USDC, or FDUSD. Have you actually forgotten that each of these stablecoins is pegged to the US dollar? And you definitely can't disagree that the US dollar is a fiat currency.
I actually did a balance and then asked to hold all assets, and the reason for this is the proverb "don't put all your eggs in one basket". And I think there is no need to more explanation