"The modern fiat system survives on a delicate balance of trust, credit, and coercion. Remove one, and the whole illusion falters.” — Unknown Bitcoiner

How close are we to a collapse of the fiat monetary system 💵💸?

While the system has proven incredibly resilient over the last century, especially under the dominance of the U.S. dollar, today's pressures are not the usual business cycle tremors—they're structural, global, and interconnected.

Let’s break down the seven main risk factors threatening the foundation of fiat, and assess where we stand in 2025.