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RE: 💰 "Digital Cash" may be an outdated concept 💸 Money itself is due for an upgrade (BTC vs BCH vs Alts) 💰
I definitely agree. Gresham's law makes sense to me. That is what happened with gold. People used to shave off the edges of gold and eventually melt down the shavings into a new coin. After coins were shaved enough, they were lighter and people would spend those coins while hoarding the more valuable untainted coin. The same could said for fiat. People will use that for spending or changing excess fiat into more valuable cryptos that pay out rewards or are deflationary in value.
When Bitcoin would be created now, would it rise to the top of cryptos, or just be one of many?
I think the latter!
Yes, I think so too