>>60739819Crypto's value isn't as stringent on scarcity as fiat or precious metals. 1 BTC was $1000 years ago now it's $115,000. Now $1000 worth of BTC is 0.01xxxxxx or so BTC, as scarcity increases more digits will be added on to the end so 1 BTC will increase in value due to it but it doesn't mean that all of the supply of BTC in the world will do the same. Fiat on the other hand can only be X.XX because it's tied to physical limitations. Gold can literally only be measured in weight. Both fiat and precious metals are restricted by their physicality, no such restriction exists with crypto.
Fiat is also pretty bad but at least fiat is valuable due to actual use cases for most people. Precious metals are useless for the ordinary joe and only used in specific industries which conflate their value, fiat is used by everyone. Crypto can be used by everyone too, but as it stands, unless we all switch to crypto instead of fiat (which would be unrealistic and potentially impossible), the hierarchy goes fiat > crypto > precious metals. The latter two are just a means to an end.