> For the complete documentation index, see [llms.txt](https://konra-project.gitbook.io/konra-dogechain/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://konra-project.gitbook.io/konra-dogechain/problem-of-fiat-currency.md).

# Problem of Fiat currency

Fiat currency is inefficient as over time it is purposely designed to lose value, thus minimizing the contribution of those who work to add value to the fiat system.

This set up is corrupted as it benefits only those at the top, those who already are rich and powerful. In addition it puts up artificial barriers which make it harder for those who are on the bottom of the economic scale to move upwards.

The key is that those who are wealthy in the fiat system are rewarded by the values of their possessions going up (paintings, real estate, businesses, investments) as they can use their wealth and connections to have their money work for them to allow them to thrive.

Someone who isn't wealthy though cannot do this; they cannot own real estate if they're struggling to raise their family. There is no art they can bid on, nor any portfolio of stocks to be invested into. Those who are on the bottom of the economic scale have to work for their money, just to survive.

Crypto fundamentally changes this, from the ground up. That's why we use a lot of blockchain and crypto aspects in our project, as it's a perfect way to fundamentally change how everything functions.

Bitcoin Cash, Smart BCH and DogeChain were chosen in particular as they empower everyone, giving everyone a chance to thrive.

As such a large part of the Konra project's goal is to take these positive attributes of the base currencies of BCH and DogeCoin, and utilize SmartBCH and DogeChain tools and resources to let community members who add value to a new decentralized blockchain powered economy have their money work for them too. Even a few dollars can thus improve their lives and giving them this upward mobility that's absent from the traditional fiat system.

Our tokens are created to be tradable, earnable and farmable. Some even give reflections, where the trade volume adds additional tokens to one's wallet.

The combination of use cases we're working on creates a powerful disruption to the traditional economic system.