I have heard the accusation that support for bitcoin is a religious type belief. Lets compare the facts:
Religion:
Created by: early humans
Free market?: No, monopoly
Secured by: War, oppression, law
Value creation: Taxation, donations from believers
Underlying proof of worth: Belief in a higher power
Innovations: Global indoctrination
Bitcoin:
Created by: Satoshi Nakamoto
Free market?: Yes
Secured by: Mathematics
Value creation: Peer to peer trading
Underlying proof of worth: Blockchain
Innovations: Triple entry accounting, distributed ledger, programmatic money
Fiat:
Created by: China
Free market?: No, monopoly
Secured by: War, oppression, law
Value creation: Controlled by global elite using taxation
Underlying proof of worth: Belief in a higher power, IOUs, fractional reserves of gold
Innovations: Inflation, Enforces taxation
Therefore I conclude that FIAT money is more like religion than bitcoin is.
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