tag:blogger.com,1999:blog-6364422533827776870.post6737485129074720116..comments2023-05-18T01:02:55.241-07:00Comments on ThePiachu's Bitcoin Blog: The rise of fiat-denominated cryptosThePiachuhttp://www.blogger.com/profile/04226887294989256787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6364422533827776870.post-18986039802473968832015-02-19T14:31:21.280-08:002015-02-19T14:31:21.280-08:00If the governments are incompetent, their currenci...If the governments are incompetent, their currencies will fail. However, I'm not ruling out the possibility of there being a competent government out there, somewhere, possibly... ;)<br /><br />http://tpbit.blogspot.ca/2014/12/crypto-success-vs-bitcoin-success.htmlThePiachuhttps://www.blogger.com/profile/04226887294989256787noreply@blogger.comtag:blogger.com,1999:blog-6364422533827776870.post-44327653904262165992015-02-19T00:55:14.026-08:002015-02-19T00:55:14.026-08:00Fiat denominated assets/currencies will all fail j...Fiat denominated assets/currencies will all fail just like the fiat currencies themselves. Wait until every CB on earth will do QE and then we will see how good they are when prices will double every day.<br />Let's not forget this:<br />http://en.wikipedia.org/wiki/Hyperinflation_in_ZimbabweAnonymousnoreply@blogger.com