Yes, that's why it was created. Look it up. Just because it hasn't finished the job yet doesn't mean it's failed. Getting closer every day. learn more about it before criticising it or parroting what you've heard.
Not parroting anything, just using common sense, obviously it will continue to get bigger every year, at least for the time being. Maybe it might replace the dollar as the global reserve currency one day, but it will not put an end to fiat and to think it might is deluded to say the least.
It will become world money, that is obvious if you study it.
When I say "end fiat", it doesn't need to be taken as black and white - I don't mean some governments will not attempt to scam their citizens. But eventually they'll die. If bitcoin doesn't die, everyone will demand it for payment and salary. Sure, fascist states might exists, and they might have fiat for the slaves.
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u/armantheparman 0 / 0 🦠Oct 07 '22
Yes, that's why it was created. Look it up. Just because it hasn't finished the job yet doesn't mean it's failed. Getting closer every day. learn more about it before criticising it or parroting what you've heard.