General Discussion
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The U.S. Dollar (Fiat) is currently only backed by the 'Full Faith and Credit' of the U.S Government. IN other words, If the world stops believing in the Government's ability to honor/pay it's debts/bills, Fiat becomes worthless( 'no store of value'. Cryptocurrencies (Bitcoin, Etherium, Guapcoin, etc.) are backed by the people's expectation of its value. If people are able to successfully exchange cryptocurrencies for 'goods and services', then, cryptocurrencies will have an increasing 'store of value' over time! If the U.S. Government's Fiat becomes worthless it will no longer print paper currency or mint metal coins. In the 17th centur…
Last reply by Brenda,
