Who uses cryptocurrencies? Why? What big, legal unmet need are CryptoCurrencies meeting? PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Francis Hunt, stock market trader and educator comments. How bad is inflation for our fiat currency? I love the legal word being added there; many people think there are a few illegal ones I suppose. I have the opinion that the financial system as it is isn’t sustainable – we need electonic money but do we need the government behind it? All governments do is devalue currencies. I believe that a decentralised system without a government and political system associated with it is a better system. CryptoCurrencies are created with an element of scarcity built in them. Today we have the governments continuing to print money thru quantitative easing mechanisms and this is not sustainable in the long run. I don’t think interest rates will ever recover because the debt is too high now.
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