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When Digital Coins Become Digital Commodities : Understanding the New Barter Economy If you've been following the world of stablecoins and meme coins , you might have stumbled upon a puzzling realization: the very system we thought would replace traditional money has instead become oddly dependent on it. Let's take a step back and examine how digital currencies have evolved into something closer to trading baseball cards than revolutionary financial instruments. The Backward Logic of Stablecoins Here's where things get interesting, and perhaps a little ironic . We often hear that fiat currency— your dollars, euros, and yen —isn't backed by anything tangible anymore. No gold standard , no silver reserves . Just government promises and economic faith. Yet when we look at stablecoins, those digital currencies designed to maintain steady value, we discover they're almost entirely backed by... fiat currency. Think about that for a moment : Instead of sta...