Fiat currencies aren't backed by commodities... the modern fiat dollars we have used since 1970 are very different from what existed before that point in history. It can be and should be considered a separate currency.
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You seem to not know the history of money/fiat currencies and make a lot of assumptions about things that are not based in reality.
Being in this space since 2013-2014 doesn't mean you have a good grasp of the tech or the economics. Many people that arrived at the btc maximalist position in the last 6-12 months have more of a basic understanding of these topics, I can tell from your responses.
Unfortunately this is growing too long for me to respond to and I gave it a good go, so I will let the market teach you the rest of this lesson (warning - the market is a harsh teacher). I would have to give you a course in monetary/economic history to adequately do this topic justice and this is not the format that is best suited to do it in.
Fiat currencies aren't backed by commodities... the modern fiat dollars we have used since 1970 are very different from what existed before that point in history. It can be and should be considered a separate currency.
---
You seem to not know the history of money/fiat currencies and make a lot of assumptions about things that are not based in reality.
Being in this space since 2013-2014 doesn't mean you have a good grasp of the tech or the economics. Many people that arrived at the btc maximalist position in the last 6-12 months have more of a basic understanding of these topics, I can tell from your responses.
Unfortunately this is growing too long for me to respond to and I gave it a good go, so I will let the market teach you the rest of this lesson (warning - the market is a harsh teacher). I would have to give you a course in monetary/economic history to adequately do this topic justice and this is not the format that is best suited to do it in.
Good luck holding on to fiat as a store of value.