The trend of fiat currency deteriorating is inevitable. The gold content of ancient Roman coins gradually decreased, and the Bretton Woods system's US dollar also had less and less gold content, eventually completely decoupling from gold redemption. The "amount of US dollars held" by the RMB has also decreased, and it decoupled early on.

Using currency issuance to levy taxes is the lowest cost and least likely to cause dissatisfaction, so currency issuance is the path of least resistance for all governments. This is an iron law.

This is the protection fee collected by the rulers, the price for the security/order provided to the rulers.

The only way to avoid fiat currency is similar to changing the developer building houses to villagers collectively raising funds to build houses, where a group of people come together to provide their own security and order.

It sounds like it requires DAO collaboration :)

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