Virtually every currency in thousands of years of history has been "fiat" issued by a central authority.
Our system has a central authority but it has decentralized power and checks against power.
There are short periods of time with non fiat...
Half a trillion a month and still accelerating.
Anyone still doubt they're purposely destroying the FRN? Anyone doubt they have a replacement ready, and cash isn't part of the package?
And guess who's right in the middle of it...