Since the advent of The #Fiat Standard in 1971, currency became solely reliant on the trust placed in the government issuing it. When this trust erodes, the currency's value collapses, as witnessed in numerous countries grappling with #hyperinflation. Similar dynamics exist in the west, though the process unfolds more gradually before reaching a tipping point.
On the other hand, #Bitcoin stands apart as a unique asset that is immune to debasement. Its limited supply and predetermined issuance prevent arbitrary manipulation, setting it apart from fiat currencies. Also, when securely stored through practices like self-custody and multi-signature wallets, Bitcoin resists confiscation attempts, offering an added layer of protection for property holders.