> The difficulty that fiat currency faces is inflation Not just inflation. How m... | Hacker News

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ekianjo on May 14, 2022 | parent | context | favorite | on: Luna Cryptocurrency Collapse: How UST Broke

> The difficulty that fiat currency faces is inflation

Not just inflation. How many fiat currencies from 100 years ago still exist today? And for the one that still exist, how much value have they lost? I'll let you ponder on that.

sakopov on May 14, 2022 [–]

> How many fiat currencies from 100 years ago still exist today?

I don't know. How many? Fiat didn't even exist 100 years ago. Everyone was on the gold standard back than.

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