Post
Topic
Board Economics
Re: Paper Money - The Greatest Scam
by
BartS
on 08/01/2019, 21:13:24 UTC
Before the invention of cryptocurrency, the fiat currency was in existence for centuries so we have to still give credit to that innovation. Cryptocurrency is here to improve the fiat currency, so fiat was not a scam and will never be a scam.
Somehow i don't like how the government can take your money easily without your permission especially in the banks. There is too much rules which you have to maintain and any other regulations that doesn't give you a freedom if you disobey. Everyone is forced to take it while the people inside the government could easily make a way out of it.
Thats right. they use all the rules to freeze your account when you do something that violates their TOS. I don't like that system. cryptocurrency comes to break that rules. thats why they are scared. but I don't think that paper money is a scam. although only paper. but their value it describes the country's economy
It is to be expected that they get to make the rules when it comes to their systems, so it makes sense they will freeze your assets if you violate some rules about what you are allowed to do but we have all the right to create our own systems, in this cases cryptocurrencies that do not follow their rules, and that is what bothers them, they see they have no way to modify the cryptocurrencies to benefit them and they are trying to scare people away from them.