✅ News - Bitcoin is like Fiat money according to the Federal Reserve Bank of St. Louis - ✅

in bitcoin •  7 years ago 

✅ News - Bitcoin is like Fiat money according to the Federal Reserve Bank of St. Louis - ✅

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Although we are accustomed to hearing many cryptocurrency detractors mark Bitcoin and Altcoins as a scam, it seems that the Federal Reserve Bank of St. Louis has a different opinion, since it has stated in an article that Bitcoin and Cryptocurrencies share several points in common with fiat money.

There are three points in common that Aleksander Berentsen and Fabian Schär, economists from the St. Louis Federal Reserve, find among cryptocurrency and fiat money.

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7 years ago by

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      ·  7 years ago 

    How dare they make that connection. You can wipe your ass with fiat, but you could never wipe your ass with a bitcoin

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    2 votes
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      ·  7 years ago 

    hahaha is a good comparison, I guard it for my next article xD

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      1 vote
      [-]
        ·  7 years ago (edited)

      consider it yours my friend lol

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        [-]
          ·  7 years ago 

        Yeah, true.

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          1 vote
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            ·  7 years ago 

          This post has received a 4.81% upvote from @lovejuice thanks to @amartinezque. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.

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              ·  7 years ago 

            You got a 3.59% upvote from @postpromoter courtesy of @amartinezque!

            Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

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              [-]
                ·  7 years ago 

              Este post fue elegido para ser votado por theunion.
              theunion.png

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