147 Bitcoin was co-opted by banks to be slow, expensive, not scale and made to not compete with fiat. There is quite a bit of evidence to support this claim when one follows the money. (twitter.com) 🗣️ DISCUSSION 💬 posted 335 days ago by Space_Monkey 335 days ago by Space_Monkey +149 / -2 91 comments share 91 comments share save hide report block hide replies
No, it's not a fiat currency. A fiat currency is one that exists through fiat - decree.
a semantic argument, that doesn't change the fact that bitcoin isn't backed by anything... which is the point.