Words
128
Reading
1 min
Listen
Play
5y
I agree with you in the aspects that you put but not so much in the one of raising the cryptocurrencies as a panacea so that the money does not lose value since they suffer from the same evils of fiat money which is the inflation produced by the excess of these. I have seen the price of these currencies fall for that reason. Money is a commodity and it has the same ups and downs of any product, the greater the quantity the lesser the value, and it is something so simple that it is impossible not to think that those who print more money do not know it, so there is premeditation and malice aforethought in the action and it enriches the pockets of a few.
RE: Some reasons why fiat money loses value