But not must be forgotten that the fiat money in the wrong money can do even the worst for anyone. There can be printed money not only when they needed but even when don't needed. In that situation it will be big inflation of the nationally currency and the crisis goes badly. There are to many examples in the our world. For example the money of Zimbabwe which produce money like childs print their pictures. In this cases the money is on the hands of the irresponsible people that must go in jail.
You have using this wrong thing for your lifetime. We should never blame fiat, because it just a currency or payment tool. The disadvantage of fiat is government get full control on it. So the value of fiat depends on how government manage it for its economy.What are you talking about? You mean that is me or the guard of the central bank which print money? This is what you have understand for what I have wrote? You are in big trouble mate. Control yourself.... Who had blame the fiat money?
not to mention that us dollar cannot be a a true global currency like bitcoin, because it isn't accepted everywhere, and you need t pay a high fee to exchange to the current fiat in those countries that do not accept it
bitcoin on the other hand can be accepted by everyone and it is the only currency that can be used as a global currency, no fiat can compare to this
Well atleast most world people know US Dollar, and in otherwise just 20% of them who know about bitcoin imo. Sooner or later, if people aware bitcoin, then no doubt it will be accepted by everyone. Its a challenge for government to face this reality. bitcoin on the other hand can be accepted by everyone and it is the only currency that can be used as a global currency, no fiat can compare to this
