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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
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To: Haim R. Branisteanu who wrote (167210)1/17/2021 1:26:41 PM
From: ggersh  Read Replies (1) of 217836
 
Dollar paper money allows for governments to fully control people and other
countries that use the dollar paper money.

Whereas Crypto debunks governments fully, Crypto doesn't control ones life

You describe the beauty of Crytpo here

All in all IMHO crypto is just nothing more than a speculative medium, with an artificial price decided by a wide group of people not backed by anything. To be able to buy anything physical the crypto currency owner need to find a willing buyer that will convert its worthless crypto currency in paper money to enable him to buy real assets.


You also describe beautifully why governments should control currencies, NOT BANKS


All in all IMHO crypto is just nothing more than a speculative medium, with an artificial price decided by a wide group of people not backed by anything. To be able to buy anything physical the crypto currency owner need to find a willing buyer that will convert its worthless crypto currency in paper money to enable him to buy real assets.

The one thing you get wrong IMHO is stating Crypto as being worthless, while paper money is worth something.

This is all just my own $0.02
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