Which one Reigns As Superior: Fiat or Cryptocurrency?
Cryptocurrency came on the market with a bang. They are neither controlled by countries nor the Central Bank. Should you compare it to goods then they are goods that move directly from the manufacturer to the consumer. No middle men there. They are just managed by blockchain. Cryptocurrency is digital currency. Fiat is in coins and notes. We have been using them for long. They eased the shortcomings of barter trade. They act as medium if exchange, store of value and a measure of value. They are physical and controlled by countries and the Central Banks. My question is which one is superior?
Cryptocurrency
Fiat
They equally serve their purpose
Comments
MegL wrote on June 7, 2020, 4:50 PM
Fiat currency is manipulated by countries and used to buy power. Cryptocurrency currently is just money though I am sure they will find a way to use that to build power too.
stbrians wrote on June 8, 2020, 2:25 AM
The fact that it was created by a cliche of powerful people, you do not know their motive. I love crypto
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