Hacker News new | past | comments | ask | show | jobs | submit login

All of that is true to fiat, which of the above in your list is not possible with fiat?



There are plenty of people who use fiat currencies that are almost useless outside of their own nations borders, with extremely bad exchange rates. This basically binds a person to one country and hinders movement and prosperity.


Look at what the OP was saying, he was only listing negative things and attributing them all to something BTC excels at. I was saying that fiat is hardly a paragon of virtue :)


Just because there is a substitute doesn’t render cryptos useless. Further is it much more easy to send 1M in btc than smuggle them in a suitcase




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: