Yes that covers the censorship resistance aspect of Bitcoin well vs the sanction prone nature of fiat and shitcoins but just as important is the way in which fiat issuance is today over 90% via private bank issuance of bank deposit fiat (ie IOUs for central bank issued fiat) putting huge power in the hands of private banks and giving them huge incentive to create as much debt as possible because it is via debt that they can issue almost unlimited new fiat money into circulation. This also gives them huge privilege in what fiat debt sourced capital is allocated toward, and since the neoliberal 'reforms' which removed all constraints upon commercial banks they can issue it toward non productive purposes which delivers next to zero dividend to the wider economy and citizens but instead pumps up asset prices creating a false sense of wealth while also making fiat debt a parasitic mechanism. Many fiat critics forget that at the beginning (1930s-1970s) Keyesian monetary theory strictly and deliberately limited non productive fiat debt issuance and limits its use to mutual banks. The neoliberal removal of these restrictions upon private for profit banks has been the main driver of house price inflation with commercial banks pouring a steadily increasing quantity of fiat debt capital into housing ever since they were allowed to in the 1980s. It is easier and safer for them to do this then to finance productive enterprises where there is usually less security and more risk- but in providing housing finance you are not contributing toward developing the productive output of the economy and with a profit motivated bank you actually become a parasitic and destructive force. Keynesian monetary theory in its original form is not as bad as it is now operated in a mongrel hybrid with neoliberal deregulation.