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RE: Bitcoin Versus Normal Fiat Currency

in #bitcoin7 years ago

Great post, fiat is no more trustable than crytpos, and arguably much less trustable. Mileage on that statement varies per country. Some are more rigorous on treating currency with high integrity, e.g. Germany, Switzerland. Others have much less integrity on treating their currency with integrity, e.g. Brazilean R, Venezuelan Bolivar, etc.

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My sentiments exactly. The real value is the trust people have in a currency and their willingness to use it. The real value IS the people using it.

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