Re:E*Trade Is Close to Launching Cryptocurrency Trading
by DINKDINK on Saturday April 27, 2019 @06:38PM
(#19768066)
>Don’t know if you realize this
Yes, it's what I was referring to. Trade will occur regardless of what happens. If factories run out of a fiat money, they'll offer to trade the factory outputs for worker labor. It's just that the people with the most performant money will survive the best.
Don’t know if you realize this, but that’s literally what was happening in Ukraine (and probably elsewhere) during 90s after USSR collapse. People were paid with products of factories they worked on. Toilet paper, teapot sets, boxes of matches, etc. not fun times.