Time To Say It Right! Fiat money is a bubble! Read more..steemCreated with Sketch.

in #bitcoin7 years ago

So... what's money anyways?

It is a vocabulary, a set of symbols that conveys worth.

bubble-popping.jpg

Fiat cash is a money based as cash by government regulation ($ for instance). It's an assigned value simply because the government uses its power to apply the worth.

These days, Largely governments are those that generates these marks and symbols the terminology... It began somewhen in yesteryear that men and women in power positions place the symbols that conveys worth, they made the fiat currency, plus they began the bubble. This principle of the Mongol empire determined that we are able to use newspaper to convey value.

dollar-bubble-end-the-fed.jpg

Until our times this fiat currency bubble is floating in the air throughout the world. But guess what, It is only a bubble, and the atmosphere isn't safe for it anymore, since it is beginning to get full of crypto money that - in its sunrise - pokes that bubble just marginally. But it is going to blow that bubble up someday, which day isn't far.

You ought to be watching out, since it is the conclusion of its age, and in many years to come it may lose its value extremely fast. Like all bubbles do when they burst.

f6b10a782f2f62be5dac2890ae40f6cb.jpg

If you do not possess Bitcoin or alternative crypto cash, it is time for you to start looking into it, in other words, if you look after the value that you shop in the frequent fiat money.

Extreme, is not it? Well, can it be much easier for you to feel that Bitcoin along with other crypto cash is a bubble?

Sort:  

Very interesting indeed, I am play all fields currently!