Post
Topic
Board Economics
Re: Better Money: Gold, Fiat, Or Bitcoin?
by
Franctoshi
on 22/05/2024, 19:39:03 UTC
Listen what this Austrian Economics / Mises Institute author of a book titled Better Money: Gold, Fiat, Or Bitcoin? says here:

https://youtu.be/g7vI957pg7U&t=2597

Quote from: author of «Better Money: Gold, Fiat, Or Bitcoin?»
I don't see any reason to think that the price of Bitcoin is going to be predictably higher in the future.
🤦‍♂️

First of how do you qualify money? Because the value of money is what money can buy , which one would you choose or call better money? the fiat currency that depreciate its 2% value each year because inflation or money printing, or would choose the Bitcoin that adds value or appropriate over time, which is deflationary, in fact Bitcoin beats fiat currency hands down if we should compare both, if not for the fact that fiat currency is the traditional money.