The Transition Between Fiat And Bitcoin

September 3, 2021

One World, Two Systems: Why Bitcoin And Fiat Must Learn To Live Together

Two competing economic systems eye each other warily across the ideological divide. One is based on complete state control and surveillance of its citizens; the other celebrates personal and financial freedom. The world holds its breath and hopes their mutual hostility does not turn into outright conflict.

No, this isn’t the Cold War: it’s the battle for supremacy between fiat and bitcoin. And as we know from the last century, no one gains from a war between two superpowers, whether the weapons are nuclear or monetary. Instead, the two worldviews must learn to live together.