National currencies/fiat are markers placed on money, in or… Twetch · October 7, 2019 National currencies/fiat are markers placed on money, in order to control (rightfully) what occurs within their borders (taxes, etc.), they alone are not money. BitCoin is money, it reduces fiat to it's meaningful purpose. Replies Twetch · October 7, 2019 A fiat currency doesn't work as a "world reserve currency"; (currently) it is in the US's interest to weaken the USD, at the expense of foreign nations who hold USD or bonds to be paid in USD. Eventually nations will demand that a loan be paid back... Twetch · October 7, 2019 ...in money, not another nation's fiat currency.@24 Twetch · October 7, 2019 @641
Twetch · October 7, 2019 A fiat currency doesn't work as a "world reserve currency"; (currently) it is in the US's interest to weaken the USD, at the expense of foreign nations who hold USD or bonds to be paid in USD. Eventually nations will demand that a loan be paid back...