Quote from: Capt00 on June 13, 2019, 11:42:02 PM

Quote from: Ranly123 on June 13, 2019, 11:17:56 PM

Quote from: Jacques_Bittard on March 21, 2018, 08:43:43 AM

The biggest threat to fiat money is inflation. Inflation can be cured by injecting wealth into the economy and by that rising enough belief to keep the system afloat. This can be done for instance by occupying foreign countries and by that opening up new markets to the companies that are essential to the economy. Or this can be done by loose regulations with the derivatives markets, that will create wealth out of thin air and high hopes.

Can it be that pumping of the crypto markets is just another financial shenanigan created to keep the old system afloat?
They are creating new wealth out of nothing with cryptos, just like with derivatives. The made up wealth that is created, is actually backing the value of fiat. This would make sense why regulators seem so blind on goxdollars and tether.

I think it's not only Bitcoin but all the coins in crypto market. Though it's too complicated to explain it all, but as we can see crypto has been made as option to earn and help minimize the momentum of inflation is ones country.

Using bitcoin is have a big advantage compared to fiat money. As we look at first, they are just the same knowing the fact that it is considered as a currency also but somehow, people using it as an investment to generate more gains rather than of using it to pay bills or in buying some stuff. By taking this advantage, a lot of individuals jumping on it while leaving fiat money behind.

I think the advantage of using bitcoin as a currency for now is not yet visible. nowadays people tend to use it as an asset, because of its fluctuating nature. plus many people believe that bitcoin will be accepted in all countries later