Re:Bitcoin mining becomes unprofitable as BTC price falls to...
by jcbrand on Sunday June 19, 2022 @07:30AM
(#31798338)
why a regular currency is always worth at least something
There are many fiat currencies that went to zero and no longer exist. Most recently is the Zimbabwe dollar which ceased to exist some years ago and the country had to start using USD and ZAR.
pay the salaries of state workers
When the fiat currency collapses like in Zimbabwe, state workers no longer accept salaries in the currency and demand something else.
There are many fiat currencies that went to zero and no longer exist. Most recently is the Zimbabwe dollar which ceased to exist some years ago and the country had to start using USD and ZAR.
pay the salaries of state workers
When the fiat currency collapses like in Zimbabwe, state workers no longer accept salaries in the currency and demand something else.