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Bitcoin Discussion
Re: Why Do People Believe Bitcoin Will Replace Fiat?
by
jbreher
on
01/09/2014, 20:28:10 UTC
Quote from: Rira6ade on August 31, 2014, 09:38:14 PM
The entire purpose of fiat was to be more portable and divisible than gold.
Disagree. The entire purpose of fiat was to have a mechanism by which the banking class could incrementally siphon off the wealth from the entire populace.