What will be the currency of the future?
1.Crypto
2.Fiat
binance
8 billion people of the globe will vote for #Crypto if they get to know about the reality of #Fiat currencies.
WHAT DO YOU THINK ???
What will be the currency of the future?
1.Crypto
2.Fiat
binance
8 billion people of the globe will vote for #Crypto if they get to know about the reality of #Fiat currencies.
WHAT DO YOU THINK ???
I believe the currency of the future is crypto. Fiat currency is no longer helping
Fiat currencies are the major cause of financial crisis that various part of the world have experienced.
Most nations adhere to the fiat currency model. What this means is that all currency value for such nation is held by a central bank, with that value being backed only by the central bank’s willingness to honour the obligation.
In other words, the value of the money in your pocket right now will always be controlled by a central bank that may be acting outside your best interest.
Cryptocurrency is changing this. Here the value is determined purely on the current demand of the coin/token, without a Central authority having influence over it.