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At what manners is fiat better MoE?
- better tech?
- acceptance from merchants?
- something else?
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Look up Gresham's Law.
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based on greshams law, the best thing you can do is immediately buy good money with your bad money
don't hold central bank currencies
zero fiat!
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Exactly
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Look up Thier's Law 🙂
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Gresham's Law in the short run, Thier's Law in the long run 🤠
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Acceptance from anyone not just merchants, I hardly see this as a shocking claim
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Because fiat is still a good medium of exchange and its rationally the better one to spend in over the short term