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Ethereum The Real Flippening

jonalmansor

Published: 18 Aug 2017 › Updated: 18 Aug 2017Ethereum The Real Flippening

Ethereum The Real Flippening

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.
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