Yes, before, Rothschild, the FRS, world banks, the NWO, Rockefeller, had more control over the value of fiat, especially the dollar since the 1700's maybe in some as or maybe longer.
In other words, money became more of a monopoly..... long ago different local banks made their own money bills.... like checks.... backed maybe by gold more often than now.
And cryptocurrency is built instead on capitalism as opposed to centralized monopolism, technocracy, plutocracy, corporatism.