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To: Red Badger

“He was also a key architect of the stablecoin system — currencies without government backing.”

They’re not currencies; they don’t meet the definition.


2 posted on 11/16/2022 9:39:01 AM PST by Boogieman
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To: Boogieman
They’re not currencies; they don’t meet the definition.

what's your definition of currency?

6 posted on 11/16/2022 9:46:10 AM PST by PGR88
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To: Boogieman

They should call them “systems of exchange’...............


7 posted on 11/16/2022 9:47:13 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Boogieman

In the old days stores would give out wooden nickels. Its the same thing. Airlines give miles. Green stamps give out sticky paper. Private currencies are like coupons. But their coupons have a trading desk to get out. ALthough they paid 15 percent (in their wooden nickels) so people kept their money in to get the 15%. How could this go wrong?


28 posted on 11/16/2022 12:43:24 PM PST by poinq
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