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RE: Cryptocurrency: It Will Either Make Us All Rich...Or Totally Broke

in LeoFinance3 years ago

Will people accept a monetary system that is outside the control of the banking system? Is this something the masses will adopt over the next decade?

They will have to. Fiat currencies are devaluing at such a pace lately and it's not going to get better any time soon. Desperation will become palpable in the years to come and that's when the masses will start searching for "better money". Money that's not in the hands of the governments. Governments that no longer for the good of the people for so long now.

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I cant speak for all nations but the major currencies are not in the hands of governments. The USD, EURO, Pound, and Yen are all in the hands of the bankers.

Any country that has a fractional reserve banking system sees the same thing.

So the discuss about fiat is moot without acknowledging how the system truly is.

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