Why are cryptocurrencies relevant?
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Mar 11
All modern types of currencies are symbolic money, that is, they are not secured by anything. This in itself is not a disadvantage, the main disadvantage of such a system is inflation, which devalues uncontrollably printed money. In other words, by storing funds in fiat money, our assets simply melt away before our eyes. Cryptocurrencies are relevant because they cover the disadvantages of the current global financial system.

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