Image copyright Time magazine and released as an NFT (2021/03/22)
Is fiat dead? Time magazine certainly seems to think so, as does Crypto.com, the company with which it partnered to offer its readership the option to pay for magazine subscriptions in Crypto Coin (CRO). Time (appropriately enough) estimated time of death back in March of this year.
I'm of the same opinion. To paraphrase Skyrim's Mikael the Bard:
That horrible old fiat is dead. It just doesn't know it yet.
Fiat is dead, a fate that's been inevitable since Satoshi Nakamoto wrote his whitepaper and the first Bitcoin was released into the wilds of the Internet.
The sooner we (and the merchants with which we deal in what is supposedly a free market that respects the consumer's ability to vote with a wallet) follow Time's shining example, the sooner banksters, corporations and statists will realise that their days are now no longer numbered, but over. The game is no longer afoot, but up and over. It's only a matter of time before the message (that the old ways are over and cannot be revived) gets relayed to the outer edges of the systems that both support and rely on fiat (and, by extension, consumer Capitalism, Socialism and Communism — the exploitation of the labour force for individual gain through various different ideological means), precipitating them collapsing and crumbling. The time to reclaim the benefits of our labour and freedom is both nigh and long overdue. Welcome to the new age.