Cryptocurrency And A Cashless Economy
Send us Fan Mail Welcome to episode #82 of Not Me, But You! The US dollar is tied to many markets used around the world. However, US currency is FIAT currency meaning, it's not backed by anything physical. That means, more of it can be created ("printed") at any time. What happens when MORE dollars are printed? It makes the dollars already in existence worth LESS! Then prices rise. Inflation occurs. So what does all this have to do with cryptocurrency and a cashless economy? How...
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