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RE: What's the key difference between fiat and crypto ?

in #crypto6 years ago

Nice with the tight summary in the end! Besides the differences between fiat and crypto, it is worth discussing whether cryptocurrency and blockchain is an alternative to a debt-based, trust-dependent, financial system and whether cryptocurrency will replace fiat currency. With the promise of a decentralised world where central powers cannot control the global economy, there are more and more people working hard towards a global economy that runs on cryptocurrency. We do what we can to make it easy to bank your coins and run your life on crypto at Blockbasis, but it is going to be exciting to see this generation literally having the opportunity for the first time ever to choose whether money is controlled and governed in a centralised or decentralised way.

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