Decentralized world

Fiat is Worthless: Charlie Munger, a millionaire investor and Warren Buffet's partner says FIAT currency is " Going to Zero" in his last interview. Charlie Munger, a millionaire investor and Warren Buffet's partner, has made several controversial remarks about fiat currencies and crypto-assets. Berkshire Hathaway's 98-year-old vice chairman has predicted that fiat currency will "fall to zero" in the next hundred years. The senior investor made the remarks in an interview with Yahoo! Finance, which MicroStrategy CEO Michael Saylor picked up and retweeted on Feb. 17. According to Saylor, Bitcoin has an answer to failed fiat currencies: "Like many astute investors, he recognises the issue but is ignorant that we have devised a solution in the form of bitcoin." Munger did not say the dollar by name, but it was clear that was what he meant. As the cost of living continues to rise, inflation in the United States has reached a four-decade high of 7.5p

  What is Bitcoin? Bitcoin is a new type of money that functions similarly to a digital currency. We can refer to Bitcoin as a digital currency. It's a brand-new type of payment system. We can use the internet to operate this digital currency. Bitcoin is decentralised digital money that allows for instant payments from anyone on the planet. Satoshi Nakamoto is the creator of Bitcoin. Bitcoin has all of the characteristics of money, which is a good thing. How does Bitcoin work? Bitcoin is a peer-to-peer (p2p) mechanism. The network manages these digital transactions and bitcoin issues without the involvement of any bank, government, or central authority. Bitcoin is an open-source network with a public design. No one owns or controls the bitcoin network, and anyone can participate in it. Bitcoin has its own set of characteristics. Bitcoins may be used for a variety of things that previous payment systems couldn't. as an example • Peer-to-peer transactions that are quick • Payment