Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a scam based on language manipulation
by
Royse777
on 07/03/2019, 13:40:00 UTC
For. e.g. fiat money is created when a bank grants a loan i.e. SOMETHING, which is why paying someone with fiat money is actually the transfer of rights derived from bank loans. That is why fiat money fits the definition of payment — SOMETHING (rights recorded in the banking system) are transferred from one person to another.
Hmm
How do you find the notes in the first place? Isn't it you just print when you want? Have you backed it by anything?

It's like if I have political shelter and have a print machine which is able to print money and the papers and the holograms and the designs then I can print as many notes as I want. You call it currency system?