Post
Topic
Board Announcements (Altcoins)
Re: STRONGHANDS - Community Take Over
by
Allseeing
on 11/01/2018, 13:44:30 UTC
Quoted from Investopedia: "Because fiat money is not linked to physical reserves, it risks becoming worthless due to hyperinflation. If people lose faith in a nation's paper currency, like the U.S. dollar bill, the money will no longer hold any value."

This is one of the problems cryptocurrency as a whole aimed to solve. Even people with no background in economics are starting to understand that U.S. currency is printed off with absolutely nothing backing it and it only has value because people pretend it does. Whether you personally care about it or not, it's a real global problem. There are actually more Stronghands in existence now than there are U.S. dollars.