To: zeestephen
Neither does any other fiat currency.
To: ARGLOCKGUY
Neither does any other fiat currency.
—
True. Every fiat currency is based on a shared belief that it has value. Break that confidence and you destroy the currency.
31 posted on
05/07/2021 5:50:56 AM PDT by
Flick Lives
(“Today we celebrate the first glorious anniversary of the Information Purification Directives.”)
To: ARGLOCKGUY
Fiat currency is a government issued currency where as cryptocurrency is an internet scheme much like multilevel marketing. A government currency is not backed by anything other than the strength of the issuing nation, but that is far better than the nothing of the internet.
41 posted on
05/07/2021 6:06:35 AM PDT by
em2vn
To: ARGLOCKGUY
Neither does any other fiat currency.
The difference is this. National and international governing bodies could make crypto worth nothing tomorrow if they wanted to.
58 posted on
05/08/2021 11:44:42 AM PDT by
Antoninus
(Republicans are all honorable men.)
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