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I suspect the only way to prevent the collapse of all fiat currencies will be nations holding BTC, and probably other fixed issuance coins used for shorter term
by randomhodler84 5y ago
I suspect the only way to prevent the collapse of all fiat currencies will be nations holding BTC, and probably other fixed issuance coins used for shorter term trade.
There will be a pegged redemption rate, for fiat currencies to the Bitcoin. Because states can keep printing more fiat, there will be some shenanigans with fake Bitcoin. Make sure you always take custody because the banks will try to inflate it!
I believe this because it is the only honest money we have. It was invented to keep us honest.