“Unlike bitcoin’s perfectly predictable and auditable declining rate of supply growth, and unlike gold’s steady growth rate, which averages around 1–2% every year, fiat’s annual growth rate is highly variable. Even for the four best-performing fiat practitioners, the supply can frequently increase by over 10% per year or turn negative at times because of the endless cycles of inflation, deflation, and reflation.”
— The Fiat Standard: The Debt Slavery Alternative to Human Civilization by #SaifedeanAmmous