The Increment in Disbelief in Regular Money
Over the passing years, fiat money had been criticized due to inflation, government intervention, and economic downturns debasing its value. The central banks have a great deal of power over the issue of monetary policy, securing it ever-changing interest rates, liquidity, and, importantly, purchasing power for individuals. The last few decades have seen the misdeeds of the present system revealed through a constellation of global financial crises, thus engendering a pressing call for alternative arrangements in the world of finance free from central authority.