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RE: Erik Voorhees on "Is Bitcoin the Future of Money?"

in #bitcoin6 years ago

Fiat currency has no intrinsic value, it's a printed piece of paper. Some form of digital payment system is obvious, whether that is blockchain is the question. Alipay in China has practically killed fiat in the major cities such as Shanghai. Without an incentive and legal backing, bloackchain tech might not be picked up by the masses.