Ok I’m talking about fiat currency as a concept though, not the USD specifically.
If your point is that fiat currencies are still vulnerable to some instability, then sure, I guess I agree, but fiat currencies are still orders of magnitude more stable than cryptocurrencies.
I can’t answer for anyone but myself, and I’m not European, but I absolutely trust government more than anonymous obsessive Internet people. At least governments are theoretically held in check by those they govern. Internet randos don’t play by anyone’s rules but their own.
I’m sorry, but at this point I honestly have more faith in the latter than the former. I just don’t have any faith in America at all.
Ok I’m talking about fiat currency as a concept though, not the USD specifically.
If your point is that fiat currencies are still vulnerable to some instability, then sure, I guess I agree, but fiat currencies are still orders of magnitude more stable than cryptocurrencies.
Serious question: do the Europeans here have more faith in your governments than you do in obsessive internet people?
I can’t answer for anyone but myself, and I’m not European, but I absolutely trust government more than anonymous obsessive Internet people. At least governments are theoretically held in check by those they govern. Internet randos don’t play by anyone’s rules but their own.