No. The only reason people use fiat money is a state law forcing businesses to accept them and prohibiting businesses to accept anything else as payments.
Until that law is obeyed by businesses, fiat money will be used by people, because they have to do some shopping from time to time.
It is a simple question - why people use fiat money (whoever printed and issued them) as a mean of exchange?
People don't have a hint about what's going on. Most pundits never mention this as well.
No. The only reason people use fiat money is a state law forcing businesses to accept them and prohibiting businesses to accept anything else as payments.
Until that law is obeyed by businesses, fiat money will be used by people, because they have to do some shopping from time to time.