All currencies that aren’t backed by a real commodity are “fake”.
The good thing about crytpo is that it can’t be influenced by just printing more money (like the US Dollar). The algorithm is there for everyone to view and understand. A digital dollar won’t be like real crypto...it will still be able to be manipulated by the feds.
“The algorithm is there for everyone to view and understand.”
Yup—nuclear physics is there for everyone to view and understand...
Bwahahahahahaha.
99% of crypto investors are speculators driven by greed and wouldn’t know “the algorithm” if it ran them over....
I wanted to share with my “algorithm” for determining the value of crypto:
Crooks + Con artists = Zero.