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RE: SWIFT's Decision To Not Support Crypto Exchange Transfers Could Help Hive

in LeoFinancelast year (edited)

This totally sounds like another attempt of the rich and powerful attempting to block off normal people from entering the fray, much like when Robin Hood stopped trades on Game Stop. Oh no, the little guys are effecting the market? Can't have that.

That being said, your article got me wondering if there would ever be a time where USD stops being a meaningful peg, given the mad greedflation we are all dealing with - a dollar doesn't buy what it used to.

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That being said, your article got me wondering if there would ever be a time where USD stops being a meaningful peg, given the mad greedflation we are all dealing with - a dollar doesn't buy what it used to.

There are so any assets denominated in USD that it is not going away anytime soon. People do not realize the hundreds of trillions in assets tied to it.

The USD is no longer a currency, since there is no currency used in most of this stuff, but rather a unit of measure.

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