Balancing the Currency |Code is law or code is not law |Balance is order.

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"Money is created in a credit-based system through lending. When banks lend, the money supply is expanded and new currency is created. Most are aware of fractional reserve lending. This gives the commercial banks the authority to expand the money supply as it sees fit. Of course, through the altering of its policies, it can also contract them." This point was made by @taskmaster4450 who argued that money is power. And in all retrospect he was right, I mean the monetary system is way too flexible, that it can easily take a new shape or form as the government and bank see it fit.

Take Nigeria for example where the government keeps dropping policies that fracture the country's economy while still favoring their personal needs. In situations like this, the citizens are left alone to suffer the impacts of such policies as there is an uptick in food prices and the cost of living becomes mostly unbearable, switching everything and everyone into chaos, corruption, and fraudulent activities to survive. And it is also true that crypto can fix this, taking the instance in Nigeria, when all crypto-related activities were banned, mostly because the government had no influence on the currency and that sparked fear in them because cryptocurrency was fixing the problem they engineered.

But then nothing is a hundred percent good, as everything good has a bad side, and learning to balance this, is of great importance. And the bad side to cryptocurrency being used fully as a monetary medium as @nathen007 illustrated in his write-up
"Code is not law ",  is the same with the physical monetary system, there is dependency and centralization of power to one body, that can still at will alter anything and everything at any point in time, for good or bad.

"Could the internet ever go off? Absolutely. I am sure Russian citizens would have never imagined that they wouldn't be able to use their Mastercards and Visas, or their banks would ever run out of cash but this is exactly what they are facing now, all turned off at the flick of a switch in the space of a few hours after the decision was made." A statement made by @nathen007

My Opinion
I feel that these two currencies still depend on one another as they either add value or reduce the calue to each other. Power corrupts ,and absolute power corrupts absolutely ,just like nathen made reference of in his post , but when the power is shared  it can  balance the whole system.

So instead on focusing on which is better to be used as a main medium of trading or means of buying and selling, we should just use them both to our advantage as they both have their individual benefits, despite the fact that they are controlled by specific groups, governments or banks.

Thanks for reading..