There are some believes that we might not necessary need fiat currency in trading cryptocurrencies.
My question now is If Fiat is completely irrelevant in the world, and gold do not back crypto, where will cryptocurrency derive it value from?
Obviously all the crypto has been derived from all the Fiat currency, because all these currencies have one thing in common that they all have derived from the common origin , though no doubt all the crypto currencies are much superior than all the Fiat currencies around and moreover there are many reasons that definitely prove that bitcoin and all other crypto are much better than all Fiat currency around and no doubt all the Fiat currency has much relevance in crypto development.