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.
“Perhaps, but will you want their paper notes in 100, or even 10, years?”
There’s a far better change I will than that I will want crypto.
“Not a single such fiat currency in the world has ever survived the test of time.”
Sure, they have big downsides and we could certainly pick a better currency, but crypto is not that better currency. Fiat currencies rely on the productivity and stability of the country issuing them, and the USA is probably the most productive and stable country to ever have existed, so in that regard we have enjoyed a bit of a honeymoon since we transitioned to a fiat currency. That won’t last forever but I think it’s still going to last longer than crypto that is backed by nothing but wishes and dreams.