STEEM ON # 3
Fiat money is declared by government, it gains its power from the governmental laws and regulations, so any loss of public confidence in the issuer government will destroy the fiat currency.
Commodity money we can tell from its name, that it gains its value from the commodities (mainly Gold/Silver/bronze) thus, once the commodity money is destroyed it cannot be recovered.
Here comes the Cryptocurrency that does not need a third party trust and its highly secured and anyone can obtain it.
So how can anyone say that Crypto isn’s the solution???
Don’t forget to check the "STEEM ON EPISODES"
STEEM ON # 1
STEEM ON # 2
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@arabsteem curation trail !
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