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toenail
61 days ago
Fiat money is obviously more destructive, but you'd have to do some basic research to figure that out.
1 comments
anonymars
61 days ago
Here's a thought experiment for you: if "fiat currency=bad" and "hard money=good", why did the world collectively switch? Where are all the prosperous societies that held the line?
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fyzix
50 days ago
They were forced to switch when the dominant military power decided to rugpull on August 15, 1971.
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anonymars
46 days ago
Exactly how did the US suspending conversion of its dollar to gold prevent other countries from using hard currency instead of fiat for their own?
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singingtoday
61 days ago
There is an answer the crypto enthusiasts have to this, but since I'm not one of them I wouldn't do the argument justice.
The short version is, it's about control and power.
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