I'd rather have fiat currency than gold, because that would save me the time and hassle of selling the gold and getting something I can actually spend.
For an individual that makes sense. For a nation the cost/hassle of selling gold is comparatively low, and the risk of the fiat backer's interests being averse to one's own is much higher.
> I'd rather have fiat currency than gold, because that would save me the time and hassle of selling the gold and getting something I can actually spend.
Isn't currency backed by commodities considered something other than fiat currency?