a commonly accepted frame of mind that has only recently been called into question as result of a rising tide of contradictory information

Origin: Seeing cryptocurrency as an investment rather than something to replace the traditional currency system altogether.
Guy 1: "Bruh I think taking Stacey to Dinner and a movie is the way to her heart."

Guy 2: "Nah man, that's a fiat mindset."
by Ponder3277 July 03, 2021
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When something hits an all-time high only to crash and burn - this applies to stocks, alt-coins, people, and things
Ethereum at 4300 was peak fiat
by Jolly Lollipop July 12, 2021
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