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RE: Money Is the Ultimate Form Of Agreement

in #money7 years ago (edited)

Yes, blockchain is far better than what we have now. The realization that money is what we agree it to be strikes me every time Bitcoin "crushes"... what that simply means is that some people agree to sell their Bitcoins at a lower price than others because they don't value it the same. And what surprised me is that there is always someone willing to buy. No "crush" happens unless a lower price is established and that can only happen if somebody else buys.

It's all food for thought for sure, but I know that Fiat money is flawed and a better solution is emerging.

i also think STEEM is going to be deemed a whole lot more valuable from this point forward because of SMTs. Exciting times for sure

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