Post
Topic
Board Altcoin Discussion
Topic OP
What is the movement for alternative money a response to?
by
TokenHodlr
on 26/09/2019, 15:30:27 UTC

Peer to peer means that the middleman in today’s traditional
transaction could disappear if cryptocurrencies revolutionize money.


Cryptocurrencies, in fact, represent a vote of no confidence in the policies
of central banks and government monopoly of money. These ‘peers’ see central
banks as consistently devaluing money through currencies that aren’t backed by anything
but government promises.

But what if the money revolution succeeds?

As in any revolution, today’s top dogs have the most to lose.