When I look at Fiat, even the “best” fiat that follows the “best” practices; I can’t help but see a person with a bandaid that is multiple years old, all moldy, and infected. The wound, that likely would have healed on its own is made 10x worse.
All of this stems from a lack of patience. Money printing is the bandaid that never worked yet we still use it.
#Bitcoin is the man who comes and rips the bandaid off; handing his wincing acquaintance a straw.
“What do I do with this?”
“SUCK IT UP.”
The saying is: when the going gets tough, the tough get going.
Not: when the going gets tough, we print money. 