Dogecoin is just made up money with infinite supply...
(media.greatawakening.win)
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All currencies are digital now. Weight is not the issue with USD.
True. But still backed by something physical on Earth.
Sorry, what is it backed by? You could say it's a medium for exchanging labor but it's printed and given to people that do not perform any labor.
Paper notes and the fed. Decentralized crypto has neither. Our acceptance of the currency is the only thing that gives it value.
Not an expert, just shower thoughts.
Decentralization and a finite supply. Fiat money has neither. Our acceptance of the crypto is also the only thing that gives it value.
What would that be? We are not on the gold standard anymore. Our coins are not made of precious metals anymore either.
Paper notes and the fed.