You are viewing a single comment's thread from:
RE: How the Fiat Money works and why it doesn't
It doesn't actually "fail", at least not from the perspective of the makers of the system. The collapse is hardcoded into the system, so what looks like a flaw to us is actually a feature. What we call "Crisis" or "Crash", the central banks call "Christmas", because that's when they get their presents - we call them "collaterals".
![Brett King: Breaking Banks - Warum Banken der Vergangenheit angehören](https://steemitimages.com/640x0/http://blockchain.spdns.org/de-DE/krypto/pictures/amzn_breaking-banks_468x60_de-DE_01.png)
That game might change in the foreseeable future, though, because the Internet now is coming for banking.
![Brett King: Breaking Banks - Warum Banken der Vergangenheit angehören](https://steemitimages.com/640x0/http://blockchain.spdns.org/de-DE/krypto/pictures/amzn_breaking-banks_468x60_de-DE_01.png)