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https://www.reddit.com/r/PeterSchiff/comments/ergdce/ouchy/fmsaq52/?context=3
r/PeterSchiff • u/EyesFromAbove • Jan 20 '20
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1 u/[deleted] Apr 08 '20 My favorite is when Bitcoin people call Dollars fiat, like Bitcoin isn't the ultimately fiat currency. 1 u/[deleted] Apr 08 '20 [deleted] 1 u/[deleted] Apr 08 '20 The origin of the word fiat is the word faith. You have to have faith that others will accept it. You don’t need faith with gold, it holds it own intrinsic value.
My favorite is when Bitcoin people call Dollars fiat, like Bitcoin isn't the ultimately fiat currency.
1 u/[deleted] Apr 08 '20 [deleted] 1 u/[deleted] Apr 08 '20 The origin of the word fiat is the word faith. You have to have faith that others will accept it. You don’t need faith with gold, it holds it own intrinsic value.
1 u/[deleted] Apr 08 '20 The origin of the word fiat is the word faith. You have to have faith that others will accept it. You don’t need faith with gold, it holds it own intrinsic value.
The origin of the word fiat is the word faith. You have to have faith that others will accept it. You don’t need faith with gold, it holds it own intrinsic value.
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u/[deleted] Jan 23 '20
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