We should have never been using a paper currency to begin with. We should have never used anything other than silver or gold with equal weights and measures.
Paper currency began (more or less as traveller's cheques) because it was inconvenient and dangerous to carry a large amount of precious metal halfway across the world on your person. From there they became more and more commonplace for large transactions.
The problems began when they started to be issued by governments who could just keep printing them without going under. If a private bank did that they went bankrupt and were replaced.
Digital currency will be the end of liberty and freedom as we know it. Their plan is to have a One world currency that's it.
Yes, but not all digital currencies are equal. Privacy coins exist.
Broc_Liath 0 points 2.4 years ago
Paper currency began (more or less as traveller's cheques) because it was inconvenient and dangerous to carry a large amount of precious metal halfway across the world on your person. From there they became more and more commonplace for large transactions.
The problems began when they started to be issued by governments who could just keep printing them without going under. If a private bank did that they went bankrupt and were replaced.
Yes, but not all digital currencies are equal. Privacy coins exist.