On one side you cherry pick the failures of a system in use, and on the other you tout the benefits of something that could be. Do you see why this is not a fair comparison?
Speaking of cherry picking, the hyperinflation events that you mention happened a few times over centuries, but they happen on a quarterly basis in cryptoland. And somehow that makes crypto better?
How does "everyone" benefit from a massively unstable currency? Who actually desires money that can double and halve in value overnight, and why?
I guess you're replying to the wrong person. I clearly said that for "most people" it's NOT worth it. And I haven't cherry picked any failures in the current system. I'm not a crypto proponent. I don't own any crypto, I'm definitely not saying we should replace dollars with crypto.
> Who actually desires money that can double and halve in value overnight, and why?
As I said twice above, if you live in Zimbabwe, or even Argentina, bitcoin is probably preferable to the state currency. That's really all I'm saying. Technical hyperinflation is not all that common perhaps, but even at 10-20% a month it gets hard.
> To whom? When?
To most people. Look at BTC/USD for the last year, and then look at a currency during hyperinflation, that loses 10% a day, every day. Which would you rather hold?