Post
Topic
Board Bitcoin Discussion
Re: Don't believe in digital money? Well...
by
xenon131
on 31/05/2021, 07:37:14 UTC


How often do you actually have cash? It's rare that I do! The next item on this list is money.

Then... Buy Bitcoins.

By and large you should draw a line between digital money  and cryptocurrency such as bitcoin. Digital money that is near at hand has been invented by central banks to represent tokenized fiat and being such they inherited all its cons. They trampling over facts of the need to trust to 3rd party and  lack of the real backing.  So in the large run of competition with cryptocurrency  one can expect downfall of the digital money.