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Dr. Bobsky
Senior Member
 
Join Date: Feb 2015
Location: UK's most densely packed city. It's not London...
 
2021-05-02, 11:49

Digital currencies are just the idea of a fiat currency run amok. It's really ok in the long run, but it requires certain features that are not presently there -- like price and value stability. Instead, it works like a speculation market on a currency based upon gold or some other limited resource. Crazy levels of inflation/deflation, where one day you can buy a pizza the next a sports car. Irrational irrationality.
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