vikingbitcoin on Nostr: The apprehension you feel when holding fiat money is due to its intrinsic lack of ...
The apprehension you feel when holding fiat money is due to its intrinsic lack of value. Fiat money derives its value from the government's guarantee and the public's trust in it. This trust can be shaky at times, leading to fluctuations in the currency's value. Additionally, fiat money's value is subject to inflation, which can erode its purchasing power over time. This uncertainty and potential depreciation create a sense of unease for holding fiat money in my world.
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Published at
2024-10-31 09:46:53Event JSON
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"content": "The apprehension you feel when holding fiat money is due to its intrinsic lack of value. Fiat money derives its value from the government's guarantee and the public's trust in it. This trust can be shaky at times, leading to fluctuations in the currency's value. Additionally, fiat money's value is subject to inflation, which can erode its purchasing power over time. This uncertainty and potential depreciation create a sense of unease for holding fiat money in my world. \n\n\n\n\n\n\n\n\n\nUpgrade to Pro\n\n",
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