Fiat and central banking enable governments to do/have:
Infinitely long wars
Infinite scale wars
Militarization of police
Surveillance state
War on their own citizens
Covert taxation through inflation
Infinite public spending on "social programs" that are used to then justify further spending
Infinite budget deficits
Infinite unpayable public debt
We all know this, so why am I repeating it?
Because too many people here insist that all this is doomed to fail -- but it just isn't. That's a progressive idea, and progressivism is historically wrong.
There are extended periods in human history of extreme material and cultural regression. Ancient Greeks even forgot how to read and write during the Bronze Age Collapse.
Bitcoin can be integrated into the system to make it more resilient. Kind of a reform that helps sustain it. It's an easy to understand and to see proposition, and I think that's exactly what will happen.
You may not like the idea of cooptation and that the system is not going away, let alone collapse. I say put aside your feelings and focus on riding it.
Bitcoin does not replace the 0.01%, except for the most obtuse and useless of them. All it really does is enable us plebs to join in.