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> Money is a perpetual bubble, a bubble that does not pop The bubble can very much pop if people stop having faith in the currency and stop accepting it (or de
by dtech 9y ago
> Money is a perpetual bubble, a bubble that does not pop
The bubble can very much pop if people stop having faith in the currency and stop accepting it (or demanding larger amounts to compensate), making the currency lose its value.
This is a very large risk for most current cryptocurrencies, bitcoin included.
I would also argue that the Dollar has a very strong link to useful physical goods: it's the only currency OPEC oil is sold in.