What happens when crypto currencies replace fiat when money is controlled by the laws of mathematics and not by the laws
of men The real flippening one that so many in this market fail to see is not between Ethereum and Bitcoin but between
crypto currencies and fiat. The desire for a deflationary currency with a guaranteed supply is very real and has rapidly been
increasing since Bitcoin inception 9 years ago. In the near future, Ethereum (or similar) will be essential for machines and
humans to transact value autonomously with one another US dollars and fiat currency simply will not meet the requirements
needed to interact in a world based on “Internet of Things” devices. In such a fiat economy, moving value between machines
would require several middlemen, each with vested interests each taking a cut as the value moves. Ethereum can do all of this
for a negligible cost with no delays exchanging hands autonomously based on the code by which its movements are
determined.
