If you spend them today at
their current FIAT value, that same amount may be worth dramatically more in just a few weeks.
Not exact matches
The cash raised by the sale of the tokens, at a face
value of 10 cents in
fiat currency, will be used to expand GBX's and GSX's FinTech capabilities as well as doubling or trebling
current staff levels.
That would be the knock against many of the
current fiat systems; central banks can print money and deflate its
value, thereby decreasing its purchasing power.
The issue there is whether people are converting
fiat money into Bitcoin in order to profit off its
current meteoric rise in
value, or whether they intend to actually spend it.
Readily offer the ability to set the amount to pay in USD or other local
fiat currency rather than requiring the customer to determine the BTC
value based on the
current price themselves (at least in cases where the merchant is not generating all - inclusive QR codes containing both the destination address and the price.
When you do earn Skycoins, this inflation - busting coin creates a stronger store of
value than that realized by
current fiat and crypto currencies.
Estimating the
value of Bitcoin in
fiat currencies such as USD, EUR or GBP is not the good way to go as there is no
current model of measuring it.