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To: DoodleBob

The value of crypto is that its not Federal Reserve notes which lose value over time (by design).

Thus Federal Reserve notes fail one of the properties of money. A store of value.

Do crypto’s store value better over time. No one knows.

They other value of crypto’s is that they are supposedly private. Thus preventing your wealth from being stolen by the government.

But anything digital can be shut down or tracked. It just a question of how much effort the Government decides to put into it.

The push towards crypto is really a push towards digital money and thus more control, not less.


28 posted on 01/22/2022 8:10:51 AM PST by desertfreedom765
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To: desertfreedom765

“The value of crypto is that its not Federal Reserve notes which lose value over time”

if the dollar is such a worthless currency, then why is all crypto quoted and traded in terms of dollar valuation?


41 posted on 01/22/2022 11:18:17 AM PST by catnipman (Cat Nipman: In a post-covid world, ALL science is now political science ...)
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