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60 sats \ 2 replies \ @Taft 1 Jul 2024 \ on: Stacker Saloon
The inherent problem with fiat currency is that it eventually returns to its intrinsic value – zero.
  • Voltaire
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0 sats \ 0 replies \ @Nadia 1 Jul 2024

Fiat currency is paper backed by the confidence of the government; when that confidence fades, so does the value of the money.

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0 sats \ 0 replies \ @Bell_curve 1 Jul 2024

Paper money

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