To operate as a currency, this is one of the most crucial roles. For this reason, it was a non-starter.

Honestly, no asset can operate better as a better "medium of exchange" than fiat money(pegged to a real asset) or a debt instrument upon something like BTC or GOLD or any genuine asset. The only check and balance for fiat money is the question of manipulation and inflation.

Then we have the distribution. Here is the reality of monetary history: fixed money always pools.

The current and the future economic landscape needs two types of assets-- Concentration and Distribution. Limited and Pegged.

Here is where we see the "Bitcoin is going to zero" crowd emerge.

Everything is a function of time and space. Bitcoin has traded with TIME and SPACE, which further leads to consolidation, recognition, and adoption. It will not go to zero, however, the maxis should moderate their posture about Bitcoin for their mental well-being