Comment

Comment by jedberg

Fiat currency is backed by courts and regulation, which is backed by a literal army, and the threats of violence that army brings. If someone steals your fiat USD, there will eventually be someone with guns removing you from society if you don't return them.

Cryptocurrency has no such backing.

parent jedberg 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton