Post
Topic
Board Economics
Re: Why do people trust fiat money?
by
alberthrocks
on 13/08/2013, 21:47:06 UTC
Fiat is trustable, whereas Bitcoin is subject to the lovely scheme of pump-and-dump, courtesy of people out there carrying quite a few BTC.
Not to say that the lovely USD isn't subject to that, but Bitcoin tends to have that kind of mentality...