This is wrong. Fiat money is already constantly being significantly devalued. Whether you want to measure it by the rise in exchange value of cryptocurrencies (which, despite constant naysayers that simply don&#x27;t get it, has been meteoric and constant for the past five years) or the increase in monetary base since the global financial crisis which has inefficiently papered over the structural problems and simply kicked the can down the road for an eventual sovereign debt crisis, or the ongoing global currency devaluation wars that all major fiat currencies are presently engaged in to remain internationally competitive.<p>There is no valid interpretation of the data which yields the result &quot;Fiat currencies are largely the same value that they were ten years ago&quot;.<p>And having invested in cryptocurrencies from the start and quite heavily, I can assure you that I do not &quot;have big problems&quot; in light of this significant fiat devaluation. Quite the opposite, in fact.<p>But, I get it, this is HN, and falsehoods about cryptocurrencies and worship of the state and its apparatus are par for the course. I should really be used to it by now but it just continues to boggle the mind that year after year this thing smacking everyone here in the face simply continues to be pushed aside and quietly ignored like it&#x27;s some weird uncle that is soliciting donations for his satanic church congregation rather than the world changing innovation that it actually is.