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Concurrent Currencies: The Good, the Bad, and the Ugly
Concurrent Currencies: The Good, the Bad, and the Ugly
We classify all concurrent currencies in this Mexican standoff into three groups: the Good (BTC, Gold, Silver, BitGold, B-Money, bits and sats), the Bad (the US dollar — the permanently debased legacy reserve international currency), and the Ugly (all other highly volatile local fiat currencies and alternative cryptocurrencies).