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Bitcoin is technically not a fiat currency. Fiat currencies are established by governments and are inflationary in nature since the governments can print more m
by simple10 9y ago
Bitcoin is technically not a fiat currency. Fiat currencies are established by governments and are inflationary in nature since the governments can print more money whenever they feel like it. Bitcoin is deflationary and more like digital gold since the supply is limited.
Bitcoin could end up a popped bubble if Tether[1] loses adoption.
[1] http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-limited-bitfinex/ http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-l...