▲ | akimbostrawman 3 days ago | |||||||
That's why you use a actual fungible, private and censorship resistant currency like Monero | ||||||||
▲ | piltdownman 3 days ago | parent [-] | |||||||
Like Monero, fiat currency has no intrinsic value but derives its value from popular decree and public trust in its stability. The difference is that fiat is legal tender, and people are obligated to accept it under civil and criminal legislation. No one is obliged to accept Monero in payment, or for the settlement of debts public or private. To date, Cryptocurrency has only ever constituted legal tender in two countries - El Salvador and the Central African Republic - and El Salvador revoked their BTC legal tender law. | ||||||||
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