Thursday, 2 April 2020

Credit Currency Theory Should Not Stifle Cryptocurrency — Based on the Perspective of Chinese Monetary History

The mainstream economist is against cryptocurrency (bch, btc...) for that it has no national credit endorsement, however the credit currency system has only existed for less than 80 years, compared to the ancient monetary system in China it was just like a tip of the iceberg. If you consider credit currency as the eternal form of currency, then the horizon is too short...

https://medium.com/21st-century-economist/credit-currency-theory-should-not-stifle-cryptocurrency-based-on-the-perspective-of-chinese-82050ed55e4f

submitted by /u/SongyanXXX
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source https://www.reddit.com/r/btc/comments/fteqdk/credit_currency_theory_should_not_stifle/

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