Hi i'm monolica
คาสิโนA quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."
sagame I understand the devaluation of each country's currency. But everything has 2 sides. fiat money is often affected by many factors such as politics, trend, government default or the growth of the country, ... it makes the value of fiat money fluctuate quite a lot. As for cryptocurrencies, you are always praising it as a wonderful asset and never suffer any influence if the politics of some countries have problems. But how do you know that when the crypto market first appeared 10 years ago? Besides, have you ever thought that such a currency really exists or not? Or are they just numbers on the screen? For me, fiat money is still one of the best and most valuable payment tools for assessing power across countries. this world should not have a common currency, so it would be unfair for the developed countries.