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RE: Show THIS to Your Bitcoin-Sceptic Friends & Relatives

in #cryptocurrency7 years ago

I like the ratings of bitcoin, gold and fiat. Obviously fiat’s time is about to end. It’s a cycle and every cycle has it’s end. At some point people reject fiat currency. You have done your digging very well.

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its kinda funny that gold is one of the oldest currencies and is still around
while fiat is rather young
but there you can see that fiat money is flawed as a concept
the main issue is though, that fiat money usually comes as an easy to copy medium
and even back then they had that issue, so they had some special seal on there or whatever
nobody back then had the idea that the one that gave out the money could just keep printing it until it lost all its worth