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Bitcoinist
2019-10-18 13:00:52

Bitcoin Nears Half the Age of the Average Fiat Currency

Bitcoin (BTC) is headed to its 11th anniversary, inviting comparison to the life cycle of fiat currencies. Commenters pointed out that fiat currencies are actually prone to crises, and sometimes go through denominations, or simply disappear. Bitcoin has already reached 40% of the life expectancy of the average fiat currency (27yrs). The most successful fiat currency has lost 99.5% of its value. https://t.co/rEyQabeeQs — Willy Woo (@woonomic) October 18, 2019 Bitcoin Arrived 10 Years AfterRead MoreThe post Bitcoin Nears Half the Age of the Average Fiat Currency appeared first on Bitcoinist.com.