Is Ethereum or Bitcoin can replace Fiat Currency, in case of Hyperinflation instead of Gold?
As a block chain enthusiastic, i see very good future of blocking chain technology. Non crypto investor says crypto are the way to do illegal things especially with decentralize crypto like Bitcoin. it is very hard to explain crypto to someone who does not understand block chain technology. As a block chain enthusiastic i see that Crypto and block chain technology have the potential to fight the massive economic failure like Hyperinflation.
Today i was studying on hyperinflation , i came to know about Zimbabwe Hyperinflation , It was a massive failure of fiat currency at the time , people were able to buy only 3 eggs with 10000 Zimbabwe dollar. Zimbabwe dollar replaced by gold for the transaction.
I have question in mind that is Etherium or Bitcoin cryptocurrency can take place of fiat currency in the case of Hyperinflation Instead of Gold?
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