Post
Topic
Board Economics
Re: What can I do with a bitcoin?
by
HELP.org
on 10/12/2013, 02:04:32 UTC

Bitcoin is worse than fiat, as it is nothing and nobody guarantees me that nothing will be exchanged for something like the US government does with paper dollars.

The decision is whether you want a small number of politicians or bankers controlling things or whether you want that control to be "crowd-sourced."  I think it remains to be seen which is better or worse and since both systems will probably exist for a long time it is a matter of choice and diversity.