Dan on Nostr: In the future, the only dominant FIAT currencies on earth are going to be the ones ...

In the future, the only dominant FIAT currencies on earth are going to be the ones trustfully backed by hard assets. And that trust will be VERY hard to earn. Especially with a Trustless alternative like Bitcoin out there.
New fiat currencies will not even get off the ground like they could before.
We are witnessing a once in a 1000 year change to the way value will be transferred. Parasitical intermediaries are on the way out. People who are really just financial parasites are going to have to change their occupation, vocations, and skill sets. The vast majority of these people are good hearted and didn't even know they were actually parasites to the economic system. They just went along with the status quo. That status quo is gone. The change is going to come faster than anyone predicted