3 ms·
I feel like this is revisionist history — the same could be said for the USD if it came crashing down eventually. Or maybe other currencies which are more likel
by californical 4y ago
I feel like this is revisionist history — the same could be said for the USD if it came crashing down eventually. Or maybe other currencies which are more likely to fail in the near future. Are you immoral for ever having used them? Most (all?) currencies are fiat anyways, so nearly equivalent in value.
- gorgoiler 4y agoCurrencies are usually backed by something useful, like goods or resources or labor. USD and oil are linked globally for example. The problem with these new currencies is that the people proposing them offer nothing of substance other than fear — the fear of missing out.