Recent realization: Most Bitcoiners don't actually know how the fiat system works. On any level. They have superficial understanding that there's some monetary expansion going on (usually wrongly attributed just to the central bank). They have some understanding about how the payment networks work, mainly from the failures, but don't understand the details. They repeat mantras (which are usually true), but don't have any logical theory.

It's OK, even with this superficial understanding, you can see why Bitcoin is better. And their superficial understanding is still better than no understanding, which is 99% of nocoiners.

But still it's fun how wrong they are.

Good questions to figure out if they know what they are talking about:

- What is a dollar?

- What exactly is the balance in your bank account? What does it mean?

- What is eurodollar?

- How many dollars there are?

And my favorite:)

- How could you (even if you are not a bank) create new dollars today?