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I’m going to start using fake money. It’s more representative of my personal ideals and philosophies.
by jsudi 5y ago
I’m going to start using fake money. It’s more representative of my personal ideals and philosophies.
- fossuser 5y agoI know you’re being sarcastic, but Bitcoin and the rest of crypto? If enough people start using “fake” money then it stops being fake.
- samus 5y agoStates can expect payment of taxes and fees in their currency and can force businesses in their jurisdiction to accept their currency. Most importantly, they have sticks and guns to enforce that. This is the crucial difference between "fake" and "normal" currencies and is unlikely to change as long as states exist. People might trade in cryptocurrencies between them, but they will find it necessary to convert it to other currencies whenever a state can force them to.