jonoiv
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December 21, 2014, 06:59:11 PM

Brah, there are shit fiat currencies, fact.  Should compare the dollar to some shit crypto? Cheesy
How many fiat currencies have died in the history of money?
Now how many crypto coins have died over the past year?

If anyone started extorting taxes in any shitcoin they would be quite equally 'stable'. -Hey, sounds like an idea!
But any kind of fiat or debt-'coin' have a limited lifespan.
How many fiat have died? Thousands I guess.

I was about to say the same.

Lots of countries get a new currency, or rehash an old one.  Most of Europe ditched their old ones for the Euro.  UK had decimalization in the 1970's where 240 pence changed to 100 pence in the pound.  People were told prices will adjust, but in reality it was a massive devaluation.  The pound version 2.  

Look at Germany in the last 150 years  Goldmark > Papiermark > Rentenmark >  Reichsmark  > Deutsche Mark > Euro

Crypto is Darwinistic and the strongest will survive,  fiat is imposed and has no competition.