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Are decentralised protocols really more reliable? I highly doubt it. The reason the dollar is so strong is because it is backed by a goverment which will use i
by kazen44 5y ago
Are decentralised protocols really more reliable? I highly doubt it.
The reason the dollar is so strong is because it is backed by a goverment which will use its power to guarantee the dollar does not collapse. The same goes for the Euro, yen, RMB etc.
When hyperinflation kicks in, will a decentralised protocol step up and try to curtail it?
- uh_uh 5y agoWhen hyperinflation kicks in, will the United States military step up and try to curtail it? If so how?
- throwaway52355 5y agoThe dollar is strong? Against what? It and all the other fiat currencies were losing their worth for decades.