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A comment on No one is disrupting banks. Parent comment

Re:No one is disrupting banks by XorNot on Sunday January 26, 2025 @04:34PM (#42834380)
I mean, this is all true which is why we have fiat currencies.

The UK government has consistently honoured debt for longer then the US has existed, for example.

[ Parent | on HN ]
Re:No one is disrupting banks by nine_k on Sunday January 26, 2025 @07:10PM (#42835765)
Inflation, and especially controlled inflation, is much easier with fiat money. Most governments see it as an extremely valuable tool.
[ Parent | on HN ]