heh, why is fiat winning? people are zombies following a hunger for paper money.
I tell you why fiat is winning: It's still in the heads. It's indoctrination, we're brought up this way. When you constantly put value on everything using FIAT to compare, at some point, you just internalize Value == FIAT.
What a load of dingo kidneys.
Can i take the silver coins to the bakery and pay for my bread?
No.
So give me the 50,-
Can i take the bitcoin coins to the bakery and get some bread?
No
So give me the 50,-
My intuition says that the 50 euro is far more usefull than the other two.
It's not about indoctrination, it's about usefullness.
If i can go to the groceries shop and buy my stuffs with bitcoin or silver then i will propably value them in the same way.
But at the moment we do not live in such a world.