“How, then, is the fiat US dollar not a scam.”
It is legal tender back by the US government... For now.
When the US debt becomes so larger it crashes from the weight of its own gavitional pull, then it becomes worthless.
Bitcoin is just one panic away from being absolutely worthless.
We sold two about four years ago when it hit $18K. We bought at $6K. If we had held, we could now realize about $100K instead of the $24K back then.
Agree