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To: z3n; eyeamok

unlike ALL crypto, USD is an accepted and functional currency, possessing the three main criteria of a currency, namely store of value, unit of account, and medium of exchange; in fact, USD functions as the world’s reserve currency ...

furthermore, i’d be happy to exchange any of that worthless USD ya’ll might possess for my newly created crypto, CatNipManBux (CNMB) that i created a few days ago on the etherum blockchain via https://www.studentcoin.org/ ... the exchange rate is 2:1 CatNipManBux per worthless USD ... that’s a really good deal, because you’ll receive TWO, i repeat TWO,CatNipManBux per worthless USD ...


17 posted on 12/20/2022 7:44:02 AM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: catnipman
unlike ALL crypto, USD is an accepted and functional currency, possessing the three main criteria of a currency, namely store of value, unit of account, and medium of exchange; in fact, USD functions as the world’s reserve currency ...

Store of value matters to you?

How does the USD pass this test?

What to you is acceptable rate of loss of value?

The Federal Reserve Bank of Minneapolis’ own inflation calculator tells me it takes over 5 USD to buy what could be bought with 1 USD when I was born, and I haven’t even been around for half a century yet. That’s more than an 80% loss of value in just my lifetime, and we’re eyeballing trillion dollar deficits evermore in the White House budget projections.

If store of value matters only a scammer would offer people USD as currency.

29 posted on 12/20/2022 7:55:39 AM PST by Gunslingr3
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