Fiat money loses value over time because governments can keep printing more of it. That’s why we see inflation and rising prices. Bitcoin is different because it has a fixed supply of approximately 21 million coins and no one can create more. This scarcity makes it strong and valuable over time, While fiat rewards spending and debt. In a world full of printing and financial instability, Bitcoin offers a simple but powerful alternative: money that can’t be diluted.
One loses value and one protects it. Which would you choose ?
You can always choose both. Bitcoin for store of value, and fiat for purchasing because it's the legal tender.
After choosing to keep my saving in bitcoin, the only thing that changed to my personal finance is that now I don't really have that much fiat as liquidity in bank but I always got bitcoin stash on my hardware wallet.
But I always try to keep about 5% in fiat just in case so that the inflation won't eat up my money that much. The reality is, doesn't matter if fiat keep getting printed and its supply keep growing higher, it's still the legal tender.
Would be great if at one point every company out there accept bitcoin though.