The list makes sense, but I am curious and would like to know that this is your own idea, and expression or you copied it from somewhere and pasted it there?
If it is not yours, please leave the source to avoid plagiarisim.
DISADVANTAGES OF FIAT MONEY:
Feel free to ADD more disadvantages.
1. Waste of paper
2. FIAT money is used for money laundering
3. Centralized by governments
4. Creates Depreciation / no value added over time!
5. You can burn FIAT money, but not crypto ONION
6. FIAT doesn't use the blockchain
7. FIAT is not backed up by algorithms and computers
8. It is owned by a few people
9. Inflation is very high
10. FIAT creates perpetual slavery
11. It is easy to manipulate and use for corruption
12. People can make fake FIAT bills
13. FIAT has no intrinsic value
14. FIAT money has no use value, (If people stop using it)
I agreed with you at that point on the difference between fiat and crypto.
Fiat and crypto are not opposites each other.
They all are assets, one is paper asset, and another one is digital asset.
It is just a different way human store their assets, via paper or via digital gates.
fiat money shouldn't be considered only as the opposite of cryptos. imo in the future they will organically complement each other.
For your own information, this my own list! getting ideas from videos, here and there.
I started making this list a few weeks ago, at DeepOnion forum, first asking members there to create this list,... no response, so later I keep asking here on BCT, someone suggested 1 or 2, then the list was getting bigger with about 5 points check the old thread!
Then I added more from listening to some videos on Youtube in order to complement the list!
And the list can grow even bigger!
