Comment on The value of the dollar is dropping. What does that mean for Americans and the world?
SnotFlickerman@lemmy.blahaj.zone 6 days ago
They want to replace the dollar with crypto so they can more easily do rugpulls and force us to use company scrip at company stores.
shortwavesurfer@lemmy.zip 6 days ago
Not all of crypto is a scam. I can think of three projects that I know are not. Monero, Ethereum, and Bitcoin. Monero and Bitcoin are both decentralized enough that the US government cannot shut them down or influence them and Ethereum is more of an app platform anyway.
SnotFlickerman@lemmy.blahaj.zone 6 days ago
It’s not the government I’m worried about influencing Bitcoin, my friend. It’s large institutional investors who all pull out at the same time tanking the value and screwing little people. Whether the current US government is fraudulent isn’t tied to the fact that the reason people trusted the US monetary system was because it had rules that generally prevented that mass level of market fuckery, even if it allowed for more fuckery than is desired.