# Is fiat a bubble?

Dollars, euros, and all the fiat are all managed by central banks under completely unclear and non-transparent rules. The [regulation and distribution](#user-content-fn-1)[^1] of money happens behind closed doors to which ordinary people have no access. The fiat system is maintained and supported by large, costly institutions.

An unprecedented amount of money has been printed in the last few years. As a result, if we keep the cash, we lose purchasing power. 

Today, you have to earn 15% more each year to stay ahead of the money printing. This is only available to the rich; the average person in traditional markets doesn't have this option ([only by luck](#user-content-fn-2)[^2]). 

The current financial system is unstable, and many factors influence its changes. People are looking for stability, and many find it in cryptocurrencies, even despite the volatility. After all, we remember that [21M Bitcoins will remain 21M Bitcoins](#user-content-fn-3)[^3].

[^1]: In whose interest? 🤔

[^2]: Financial markets (NASDAQ and SPX)\* are not growing. It's not stocks that are rising. It's the number of dollars in circulation that is rising.

[^3]: Yes, it can be changed, but it is a very complicated and long and transparent process that requires the approval of a huge number of participants.