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Fiat currency thrives on collective belief—it holds value because enough people agree it does. The moment that consensus fractures, so does its worth. It's a social contract perpetually vulnerable to perception shifts, inflation, and institutional erosion.
Bitcoin operates differently. Its value isn't anchored to sentiment or central authority decisions. It's rooted in mathematical certainty, cryptographic proof, and absolute scarcity—21 million coins, hardcoded into protocol. You can't inflate it through policy. You can't dilute it through decree.
One is faith-based. The other is code-based.
That's the fundamental divide.