The Picard Maneuver to People [email protected] • 22 days agoBe kind to your elderslemmy.worldimagemessage-square359fedilinkarrow-up11.31K
arrow-up11.31KimageBe kind to your elderslemmy.worldThe Picard Maneuver to People [email protected] • 22 days agomessage-square359fedilink
minus-square@[email protected]linkfedilink6•20 days agoA pretty generous comparison. USD is at least FDIC insured and somewhat tied to our country’s finances. Crypto only stabilizes around the markets that use it, i.e. black markets.
minus-square@[email protected]linkfedilink5•edit-220 days agoAt this point, the US is becoming a black market. FDIC insures you won’t lose your money if a bank or something goes under. It doesn’t do anything to insure that the money’s value stays good.
A pretty generous comparison. USD is at least FDIC insured and somewhat tied to our country’s finances. Crypto only stabilizes around the markets that use it, i.e. black markets.
At this point, the US is becoming a black market.
FDIC insures you won’t lose your money if a bank or something goes under. It doesn’t do anything to insure that the money’s value stays good.