[spreeker]

FIAT has proven time and time again to fail. Dollar world trade is unfair and benefits the USA unfairly.

I would prefer a neutral crypto currency to be the new world reserve instead of a competing currency like the YUAN. Government should not have the power to print money out of thin air.

The technology of blockchains is improving, for the example lightning network should make it very well possible. Just like with the invention of 'real' money there is a lot of failure in the crypto space.

The subject of money and currencies is a much more complex issue. A government giving its "printing power" or in the case of Elsalvador, no longer wanting to be the victim of the printing power of the USA, is a very good thing.

[asah]

Plus, fiat is too new to tell - it's only been 5,000 years! /s

[spreeker]

And has failed every single time! Always ended in hyper inflation and reinvented over and over again..

[pessimizer]

https://en.wikipedia.org/wiki/Bancor

[thrwyoilarticle]

Bitcoin is fiat.