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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: Josephus who wrote (60182)	11/13/2020 1:40:16 PM
From: Claude Cormier	4 Recommendations Recommended By benwood bistineau_la jaubin Josephus Respond to of 60901

Governments will continue to have their fiat currencies. In a couple of years, these will become digital.. but they will still be fiat. Have no idea what they will do with their debts. Many individual and organisations will continue to use fiat digital currencies and continue to buy debts. One group that will likely continue to use fiat although digital are the banks and central banks. Other will use sound money. When needed, the later will convert to fiat...to pay tax for example. Or something like that. That is until next generations completely eliminate fiats in favor of sound money. It could happen many other ways. It could start by selected governments in the third world repudiating debts and fiat money and moving to sound money... i.e. some sort of crypto stable coin backed by global networks and protocol... Who knows. All I can say is that cryptos are designed exactly to do that and much more. My opinion.