The fiat system is toxic by design.
Human nature, unlimited greed, will eventually cause, especially 😇, those in power of the fiat systems to turn against each other.
Tariffs are a great sample:
Goverments revealing and criticizing predatory behavior of other Governments when applied to that Government, while all Governments apply that same predatory behavior on their citizens...
I don't have enough popcorn (nor #Bitcoin).....
But one could design it better. Lets say we buy the idea we need an inflationary currency (I don't, but just for arguments sake), I would design a provably fair lottery system that draws a random individual per week that receives x amount of currency, inflating the supply at some accapted rate. That would be a much less toxix design.
The toxicity of the current system derives from the hidden nature of it, the sneakiness, the evil, the warmongers that control it... It it was more open and algorithmic it wouldn't be nearly as bad.
