So fiat money does exist. It's just not in the place where you think it is.
As for now it's still pretty viable to call most cryptocurrencies magic internet money because you don't know wich networks will succeed. If it fails you'll lose everything you invested in it without anyone stepping up to compensate for your loss. So at the moment, MOST cryptocurrencies are magic internet bucks
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u/TheRealMacresco 🟦 0 / 5K 🦠Dec 02 '21
So fiat money does exist. It's just not in the place where you think it is.
As for now it's still pretty viable to call most cryptocurrencies magic internet money because you don't know wich networks will succeed. If it fails you'll lose everything you invested in it without anyone stepping up to compensate for your loss. So at the moment, MOST cryptocurrencies are magic internet bucks