Fiat Currency Debate
The cluster focuses on debates about the reliability, government backing, and value of fiat currencies, frequently comparing them to cryptocurrencies like Bitcoin and questioning whether alternatives merely reinvent fiat money.
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You're assuming fiat currency is reliable, which is proven wrong in many jurisdictions.
most fiats currencies have a Goverment/military behind them
It's all fiat money anyway.
Fiat currencies can and do do that also.
What's wrong with fiat currency?
At that point haven't you just reinvented fiat currency?
Yes, in fact, for some value of "you"https://en.wikipedia.org/wiki/Fiat_money
You could say that about any fiat.
How can a currency exist without a state to insure it's value?
Because fiat money isn't backed by a trillion-dollar, oil-guzzling military-industrial complex?