Money alias Fiat currency

in #money • 6 years ago

All Fiat currency is debt. All Fiat is borrowed into existence. When it's payed back it gets destroyed. Hence there is no such thing as money. Since it gets destroyed after being borrowed into existence. So perpetual debt has to be for money to exist at all.

6 years ago in #money by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.15
    TRX 0.16
    JST 0.028
    BTC 67807.24
    ETH 2423.65
    USDT 1.00
    SBD 2.33