There are a lot of things wrong with fiat printed money like euro and dollar. But this article doesn’t point out the downside of fiat money, but the upside of Maxcoin.
First of all, Maxcoins are limited in supply. Unlike fiat money, which can be printed at any time the central authority decides to print them.
The second reason why Maxcoin is superior over fiat money is because fiat money is controlled by a central authority. This central authority can make rules whenever they want and they can indeed print some extra money whenever they want.
The third reason why Maxcoin is superior over fiat money is because Maxcoin is not debt-based. In contrary to fiat money.
The fourth reason why Maxcoin is superior over fiat monet is because it’s safer. People don’t have their fiat money lying under their bed. They save it, at a bank. This has proven not very safe in the past. Several banks collapsed, leaving the people without their money. This can’t happen with maxcoins, because they are linked to a wallet.
The fifth reason why Maxcoin is superior over fiat money is because it’s anonymous.
The sixth reason why Maxcoin is superior over fiat money is that maxcoins are easier, cheaper and faster to transfer. A transaction of fiat money can take up to 3 days, especially a transaction between different countries. A transaction of maxcoins is confirmed within 60 seconds! If you would like to transfer fiat money, most of the time you have to pay for your account at the bank yearly. And when you want to transfer your money to someone in another country, you will have to pay transfer costs.
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