You are viewing a single comment's thread from:

RE: POB STREET WITH @ONEALFA 03-10-21 #32

in #proofofbrain3 years ago

The great similarity between cryptocurrency and Fiat is that both of them is currency it's just that cryptocurrency can't be touched like Fiat money .
Examples of cryptocurrency is bitcoin the first cryptocurrency to ever existed, ethereum,hive,pob etc
Example of Fiat currency is us dollar,naira,euro,pounds etc.
The evolution of money makes cryptocurrency to exist after Fiat currency

Sort:  

The bitter truth about Fiat currency is that it will always depreciate in value.
What you can use $1 to buy in 10 years ago cannot buy it now.
and what you can buy now you can buy over 10 times ten years ago.
that is because we are the money is always depreciating and the reason why is depreciating is because it can be printed at any time is needed to its total supply is infinity.
but a true cryptocurrency and not a sheet coin or scam project will always appreciate because it has a finite total supply