“...the Federal Reserve will give you - more pieces of paper with GW’s face on them”
Yes, but at least people have some level of assurance that the Federal Reserve will still be there next year, next decade, next century even. Crypto systems might last a few years before they belly up if you are lucky.
As bad as fiat money is, crypto has all the same disadvantages, plus a few more.
Perhaps, but will you want their paper notes in 100, or even 10, years?
I am not a crypto maximalist, but I am all for individuals and free-markets seeking to use anything they want as currency in mutually-accepted free-exchange.
We have known for centuries - a printed, and especially FIAT currency, issued by a central government authority, will always give power to the issuers, and their cronies, at the expense of society. America is experiencing this now, and we aren't coming back from it. How else do we run continuous $1+ Trillion deficits, that merely serve to fund the woke deep-state and its cronies?
Not a single such fiat currency in the world has ever survived the test of time. Let people protect themselves however they see fit.