I don't want to argue with people in my country 🇰🇭 about Bitcoin and fiat money. The best example I can give them is that their grandparents' paper money during the Khmer Rouge's totalitarian regime (1975–79) had zero value. After the war, we used gold for trading in the country because paper money had no value anymore. We just used paper money again after the election, which was arranged by the UN.

Some families with gold can build a new life after the war. One grandma, who was my neighbor (she passed away already), exchanged gold for fiat money during the war because fiat money is easy to transport. After the war, those funds could not be used anymore.

If you want to learn more about the Khmer Rouge's totalitarian regime, you can watch a movie on Netflix called "First They Killed My Father". It's a Cambodian-American biographical historical thriller film directed by Angelina Jolie and written by Jolie and Loung Ung, based on Ung's memoir of the same name.