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The value of fiat currency is that the issuing entity assures it's worth, ensures it's security, it's validity and facilitates flow. The benefits of cryptocurre
by tudorw 9y ago
The value of fiat currency is that the issuing entity assures it's worth, ensures it's security, it's validity and facilitates flow. The benefits of cryptocurrency may look appealing, however, as a store of wealth it's a long way from 'mainstream' and I believe entropy will prevail, in the fiat system entropy is handled, the supply of money is flexible, in a system with entropy, everyone's wealth will tend towards zero over the long term.