They'll still work in the asteroid belt.
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"Fiat" surely means discretionary, and it isn't that.
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... "Abstract commodity" is far better.
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There's no agency with discretionary powers over currency issuance (which is pretty much the whole point).
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Calling gold fiat isn't "a slur" -- it's just wrong. Same thing.
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Why is that different to any commodity treated as a speculative asset?
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"Basically" in some counter-factual conceptual universe, but not in the actual market.
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Or a Thomist.
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Thomists will be remembered historically for being auto-annihilated by their peculiar religious convictions about crypto-currencies.
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