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/biz/ - Business & Finance

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54703518 No.54703518 [Reply] [Original]

do people realize that fiat has like 20 years left tops

>> No.54703551

And what exactly will replace it?

>> No.54703646

>>54703551
xmr, cbdcs will fail

just like gold before fiat

>> No.54703653
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54703653

>>54703518

arguably, the centralized control of currency, and trying to keep it around 2-5% inflation, has been one of the great successes of the last 100 years. Deflationary currency destroys commerce, destroys businesses, even if holding a deflationary asset can be lucrative.

>> No.54703676

>>54703646
>xmr, cbdcs will fail
XMR is only useful for transactions, not holding wealth.

>just like gold before fiat
gold didn't fail, the government just forced everyone to use fiat.

>> No.54703811

>>54703676
you have more research to do

I know this

>> No.54703818

>>54703653
2-5 percent inflation is too high

less than 1 percent inflation with xmr is the perfect currency, and it will win

>> No.54704470

>>54703818
disagree

>> No.54704639

>>54704470
not an argument