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RE: Money Is the Ultimate Form Of Agreement

in #money7 years ago

I have been thinking about this a bit since getting involved with crypto and trying to explain to other people where does it come from...
But in the end the simple explenation is just that something has a value because the majority says thats what something is worth...
Fiat currency is worse, thats just value attributed to a currency backed by a huge amount of debt
At least cryptocurrency is honest and so will al these new coins be... Honest...
its more then what we have now

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Fiat currency is worse, thats just value attributed to a currency backed by a huge amount of debt

Exactly.

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