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| Just made out of thin air, backed by nothing, that is the exact definition of the USD. As to another comment, US Government backing up the dollar, that just means the future tax payers of this country are guaranteed debt slavery before they are born. US Government closing in on a $39 trillion debt doesn't look like people to trust with money. Crypto may look fishy. To me, it's a currency exchange gaining momentum outside the Federal reserve/central bank system. So, bitcoin pump and dump, it's been available to buy for 15 years or so. I should have gotten in at $1k when a friend asked me about it. I never did. That was about the time gold was $1k also. I didn't buy then either. As worthless as our USD is, I hope things change before we need a wheelbarrow of cash to buy a loaf of bread. My apologies to the OP for taking this a little deeper than they intended. A few comments I generally referenced left me scratching my head as to why anyone should be so comfortable with the financial system we are slaves to. | |
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