Let's flesh some of this out. It's a deep, and is critical to **really understand** what everyone pushing change is asking for:
**1. All #currency is #fiat, including Bitcoin**
This is a fact, and unassailable. Currency is a representation, thereby making it fiat by definition. Different currencies may be representations of different points of agreement, but that does not change anything about their fiat status. I see no acknowledgement of this here, or anywhere else really. Regardless, it should be understood.
What is important to participants of a given system changes as time passes. As this happens, so too does the system change. Everyone praising #Satoshi would do well to read Darwin. It's one of the most fundamental of principles applying to systems of living things. Our systems are highly abstract, but people are still living things.
**2. Confidence is nearly the sole culprit for financial collapse.**
All sorts of shady dealings and adjustments can be made to currency, and whatever else, without shaking the foundations of the system. The collapse occurs when confidence in the regulators of said system plummets. Not in the typical "don't trust big brother" sort of way. I mean like "Caesar crossing the Rubicon" type of events. That particular one yielded a Sovereign Debt crisis.
If the willing participants believe in the system enough to keep using it, it doesn't collapse. To be clear, I don't mean that everything is fine as long as we participate. The confidence level changes as the shady stuff I mentioned already happens. Take China, for example, reducing their US holdings by the tens of billions earlier this year. That's a participant in the system, demonstrating a loss of confidence in the system.
Now, a point here, one to really understand, is this:
**3. The bigger they are, the harder they fall.**
This is the part that will cause lives to come crashing down. The higher up the pinnacle is, the longer it has to reach terminal velocity before hitting the ground. This is where all of us come in.
We can't speak/wish things into existence. We certainly cannot do it with something like change on this particular magnitude scale. It will certainly take a lot of blood, sweat, and tears invested. Literally, in all historical cases. War causes this. Not alone, but War almost always aligns with these things: "Old habits are hard to kill."