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It's the fear that people may prefer using other currencies than their own, which collapses the regime of spending through inflation.
by Qasaur 7y ago
It's the fear that people may prefer using other currencies than their own, which collapses the regime of spending through inflation.
- pier25 7y agoThanks, not sure why I'm being downvoted...
- lucb1e 7y agoNot sure either, it's a legitimate question. A lot of people seem to find it obvious, but to me it seems like there is a lot of subtleties in why something is or isn't a threat. Bitcoin, Paypal, Ethereum, gift cards, and other online payment systems didn't get this reaction, it's just the Facebook-issued credits (which, for the record, isn't really a cryptocurrency, that's just the marketing department).