You are viewing a single comment's thread from:

RE: 4 Reasons Why Bitcoin Will Not Be The World's Reserve Currency

in LeoFinance3 years ago

the fight for the power of economic dominance between Cryptocurrencies (BTC) and the Dollar (USD) is just beginning, I think both will coexist for a long time and must learn to be in the same habitat, since each of them has its advantages and disadvantages .

Sort:  

Separate from comparing to bitcoin but just discussing the dollar in general it’s lost 99% of spending power in a century. It’s corrupt and since coming off Gold standard totally especially it’s just backed by violence. Fiat currency never works long term. I certainly prefer fixed supply items for my value. Fiat always leads to corruption and fraud as we see in the world today.