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RE: Hive Post Deleted - I No Longer Support This Blockchain

in Proof of Brain2 years ago

Scroll down past the video to see some charts from the world of crypto.

Where?

and why anyone would want to move from crypto into fiat

ever heard of hedging? also we have a dollar shortage
but if you dont want fiat, then just stay in crypto. there are beautiful bitcoin backed stablecoins being built upon bitcoin right now

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Where?

Oops, added 'em now :-)

ever heard of hedging?

Yep, and that's why it's good to diversify across crypto, and into precious metals, gems, and survival equipment.

also we have a dollar shortage

LOL. That's some hilarious propaganda narrative if I ever heard one. There are an infinite number of US dollars, with the banks creating more literally every minute, and the Fed pumping in trillions more a year.

but if you dont want fiat, then just stay in crypto. there are beautiful bitcoin backed stablecoins being built upon bitcoin right now

Moving into stable-coins is just guaranteeing that you lose money every single day. Doesn't matter if it's actual fiat or a placeholder for fiat - it's the same thing.

the fed can only create reserves not real us dollar