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For a small fee you can buy anything with BTC via Bitpay Visa. Just curious, do you think paper currencies have intrinsic value?
by 0x445442 9y ago
For a small fee you can buy anything with BTC via Bitpay Visa.
Just curious, do you think paper currencies have intrinsic value?
- dworrad 9y agoVery true. Ask Venezuela or Argentina if they trust the value of their fiat currency.
- mihvoi 9y agoThey printed a lot of fiat money without loaning it to people that can produce goods. The result is not enough loan pressure to "buy" the fiat papers over goods. On the good side, I guess they have some enforcement and a lot of violence :( A limited supply coin does not guaranty a need to exchange goods over that particular coin and not another.