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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: cuban leaf
At least it is backed by the power of a country and its military.

You mean the country that is piling up another trillion dollars of debt every 100 days?

The military that hasn't won a war in 75 years?

That country/military?

43 posted on 03/08/2024 8:47:28 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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