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To: cuban leaf

How is the US dollar different?

And don’t give me that “full faith and credit of the criminal US feral government” nonsense.


22 posted on 03/08/2024 7:54:31 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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To: E. Pluribus Unum

How is the US dollar different?


At least it is backed by the power of a country and its military. Bitcoin is backed by faith and the “greater fool” theory. The only thing worse than fiat currency, IMO, is an investment backed by nothing more than that.

Bottom line, for me, is that Bitcoin is pure gambling. I don’t gamble - at least at that kind of level.


40 posted on 03/08/2024 8:41:30 AM PST by cuban leaf (2024 is going to be one for the history books, like 1939. And 2025 will be more so, like 1940-1945.)
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To: E. Pluribus Unum

US dollar has gubbermint behind it with power to tax biggest economy in the world. Whats backing Bitcoin?


44 posted on 03/08/2024 8:52:20 AM PST by Bobbyvotes (I will be voting for Trump/whoever in November. If he loses in 2024, country is finished.)
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