Money by decree of the government will never be as good as money that rises up from public use in the free market.
This is why we #Bitcoin, because we believe in money bubbling up from the people instead of by government decree.
According to Thomas Jefferson, "no better money standard was available than the Spanish dollar."
Jefferson noted that "the government did not have to mandate this because the market had already adopted [the Spanish dollar]".
- Thomas Jefferson, Notes on the establishment of a Money Mint (July 24, 1784)