4 ms·
Depends who you ask. I agree that it is unlikely that cryptocurrency replaces fiat currency entirely. What is more likely is a return to fiat money backed by a
by bitxbitxbitcoin 5y ago
Depends who you ask.
I agree that it is unlikely that cryptocurrency replaces fiat currency entirely. What is more likely is a return to fiat money backed by an asset. A Bitcoin standard as opposed to the (relatively) recently abandoned gold standard.
Fiat currency as the world is experiencing it now is just as grand and uncharted of an experiment as Bitcoin.