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Crypto currency is fiat currency... Prove me wrong
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[quote:Anonymous Coward 78622707:MV80NzA4MTk1Xzg1NzE2OTg5XzkzQUQ2RTI3] What if the value is in the utility of the currency? :book: - - - - - - [/quote]
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Fiat money is any money that is accepted by a government for paying taxes or debt, but is not pegged to or backed directly by gold and other valuables. Fiat money does not have significant intrinsic value or use value. Wikipedia
Plus quantum computing will break the sha256 algorithm encryption soon enough.
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