Quote from: skilo on March 10, 2014, 11:12:26 PM

Quote from: drsnuggles on March 10, 2014, 07:41:06 PM

If you define "strong fiat" by: a low public, external, private and commerial debt, you'll end up with a "third-world" looking list.

If you define "strong fiat" by: used by a lot of people, it will be the USD.

Obviously, both methods fail. We might consider a fiat currency as strong if it has a stable percentage of money growth, which ideally should be 0.

I mean as far as purchasing power goes, If you wanted to cash out some Bitcoin what would be the best currency to cash out in?

Fiat currencies are meant/designed to be inflated and spent, so you might just want to cash out in whatever currency that is accepted locally, because you are going to spend it Wink