Most Americans have heard about cryptocurrencies, but far fewer have ever invested in...
- Thread starter Shawn Knight
- Start date
Yes and no. Crypto currencies are are pure anarchy. No rules or regulations.
Normal currency while not backed by physical value, is at least to some degree backed by rules and regulations, where our democratic institutions by law and through the national treasury can influence what is most important for our economy.
Squid Surprise
Posts: 5,592 +5,225
No... cryptocurrencies have rules - in fact, they are far better enforced than any rules governing "cash"... their very nature forbids making counterfeit currency as well...
Danny101
Posts: 2,035 +842
Also keeps inflation in check. Every coin is accounted for.
Yes because we know that nobody has ever been scammed into buying fake crypto currency....
Squid Surprise
Posts: 5,592 +5,225
Just like no one has been scammed into buying any other fake currency… your point?
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