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To: zeestephen

FIAT money is bad, because it’s only backed by the taxing power of the state, and thus by the nation’s wealth that it represents.

Crypto is good, because it’s backed by nothing whatsoever.


7 posted on 05/07/2021 3:41:44 AM PDT by babble-on
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To: babble-on

Put another way, crypto is fine, because - look, fiatsquirrel!


9 posted on 05/07/2021 3:50:03 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: babble-on

Take the cash out of your pocket. Now consider that 30% of that did not exist before last year. That is the beauty of FIAT. Countries’ wealth is being diminished every day.

Not having a plan to deal with that is, no offense intended, stupid.


22 posted on 05/07/2021 5:02:27 AM PDT by Vermont Lt (. )
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To: babble-on

Crypto screws over Governments around the world - Love it!


54 posted on 05/08/2021 6:40:35 AM PDT by ohioman
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