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RE: The Thing About a Collapsing Civilization ..
Between the late 1700s and early 1900s the dollar was a truly stable store of value ..since 1913 the dollar has lost purchasing power by approx 2000%, due to artificially expanded and expanding, supply. The dollar's problem today is not ignorance, just the opposite ..people are beginning to realize it is beyond worthless.
You say Bitcoin "is also fiat" ..dude the definition of fiat is currency issued and controlled by governments. But I agree, Bitcoin must be more widely used to directly purchase goods n services, and the businesses that receive it must do the same, without cashing them in for dollars first ...only then will it be made a truly viable replacement.
Let me address both of your points:
The loss of purchasing power is also a factor of inflation, which occurs naturally as an economy grows. People were paid much less. There are many charts and papers on the 'buying power' over time. Take a look at the GNP from the late 1700's as compared to today. So the loss of purchasing power as a straight percentage is greatly misleading. People today in the U.S. have more wealth, access to goods, and lifestyle choices than back in the 1700's.
You are incorrect. The definition of a 'fiat' currency is not anywhere required with oversight/control by a government. There are 3 types of currency Commodity, Representative, and Fiat. I will let you Google the differences. Bitcoin is a 'fiat' currency.
And where is that stability graph we talked about? Show me the % change for the U.S. Dollar and Bitcoin for the last 7 years. Go ahead, I dare you to and then try to explain how Bitcoin is more stable. :)