[ljosifov]

+1 on this, you nailed the issues exactly! Bad fiat currency is simply a proxy for bad state, bad government, bad governance. USD is safe and sound as long as USA and USG are. Would reuse tax-based and fiat-crypto - you got that right too - except for fear of all mighty confusion. :-) Money, currency, banking are confusing enough for most people already.

[RestlessMind]

> USD is safe and sound as long as USA and USG are.

I agree. People living in USA or Eurozone may not see the need for BTC since they have good stable governments with well-managed currencies[1]. People outside of those pockets, however, need some option to escape from their governments' corruption and tyranny. BTC is a neutral, and hence better, option. Because if your country falls out of favor of USG, your savings just became a collateral damage when USG imposes sanctions n all.

[1] this sentence might come as a shock to some since news media constantly paints apocalyptic picture. But US and Eurozone is a really good area of the world to live in.

[ljosifov]

Yes, agreed. I understand what you mean. I grew up in "in Europe but not quite european" country. I hope at some point e.g. BTC version 23 is going be as convenient to use as is a credit card - no need to DL 300GB, wait 10 mins for transaction etc, but yes still I can hold my own keys. That will be the technical part solved. The societal part - where we place trust in yet unknown future people, removed from us in place and time, to do useful stuff for me b/c here&now I do useful stuff for third set of people - will follow. The best system that's evolved this far, Fiat - or as a grandparent wrote tax-backed money - is abused often (not by US, EU - they are the good guys; plenty others like Zimbabwe, Yugoslavia etc impoverishing millions - they are bad guys) enough that there is scope for improvement. Trust can be proxied as simple as 1-5 stars... but that may need lots of control - and so on.