Fiat currency is like... tulips

polarg(41)
Published in
#bitcoin
Words
58
Reading
1 min
Listen
Play
9y

You can print it at will, same way you can cultivate tulips. You can have as much tulips and fiat as you want, the limit is the sky... or hyperinflation.

If you can manipulate the amount of fiat/tulips then you can manipulate the price.

Transactions are not backed by an open system in neither of them.

Pics Sources:

http://www.countryliving.com/gardening/a35956/tulip-fun-facts/

http://bitcoinchaser.com/jamie-dimon-attack-bitcoin/

Fiat currency is like... tulips | Ecency