Bitcoin is called experimental.
The word is meant to land that way. Risky. Immature. Untested.
Bitcoin has been running for seventeen years. No central bank. No bailouts. Every transaction ever processed is public and auditable.
Fiat money has been running for fifty. The US left gold in 1971. Before that, every major currency was pegged to something that couldn’t be printed — for millennia.
Which one do you call the experiment?
Before Bitcoin, I never asked whether fractional reserve banking would be permitted in a free economy. Rothbard showed me it was a real question. I had considered myself educated.
The results are in. Does each generation not feel poorer than the last? Are the hospitals, the schools, the train lines not breaking while the money to fix them was spent elsewhere? You don’t need an economist. You just need to look.
Bitcoin isn’t the experiment. You’re already living in one.