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Topic: World need urgently decentralized kind of Fiat currency not USD - page 2. (Read 249 times)

legendary
Activity: 3038
Merit: 2162
But solution is easy the desentralized new fiat currencies and everybody will be happy that will provide enough freedom and privacy.

A currency can't be decentralized and fiat. Fiat currency is government currency, it has value because the government supports it - take away the government support and it will like Bitcoin. And Bitcoin is unusable as a currency for a big scale economy, because of its volatility, not to mention lack of capacity for transaction. Fiat currency is not as volatile because it's regulated by the government and its performance is tied to the performance of economy.

Also, who is unhappy with US dollar being the world currency? It's just empty political talks, if someone wanted, they could have easily switched to some alternative. But everyone knows that alternatives would be worse because US dollar is very strong, as US economy is also strong.
newbie
Activity: 95
Merit: 0
World need equal fair playground it can not be the case that any Nation or group of people control the currency
It's time to stop fight who control currency usa china or any other we all can use our energy resouces and time for more smarter ways then just competing like fools with other nations.
What we need is some kind of decentralised kind of Fiat currency and off course decentralised self custody system cash machine ATM network all around the world.
No doubt that cash must exist it gives extra layer freedom and options for us.
The crypto weakness now are on ramps and off ramps, wtf the Banks dictatate to us If we can use crypto or not that's not correct.
Also it's madness If third partie can freeze your money that's grazy.
But solution is easy the desentralized new fiat currencies and everybody will be happy that will provide enough freedom and privacy.
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