> It doesn't say how much value each coin represents. Tether does that. No. The market does that. I'm not sure why you think this is different than how the val

> It doesn't say how much value each coin represents. Tether does that. No. The market does that. I'm not sure why you think this is different than how the value of, say, a dollar represents. > Central banks don't print money and funnel it off to politicians lol. You misunderstand. Its not that direct. Central banks print money used to fund things like government loans (ie bonds), among other things. Member banks buy the government bonds and sells them at a profit to the central bank. The owners of those member banks in turn pocket that money and use some of it to fund the legalized corruption known as lobbying. This is not the only funnel that looks like this that comes out of the financial industry. There's a reason that Goldman Sachs "alums" trawl DC like cockroches. So.. very much not lol. Not lol at all. > They control the money supply by deciding how much credit should be extended and at what interest rate I think you've missed the last 15 years where they started buying whatever they want in "open market operations". Where were you in 2008... or like the last year and a half? >It has created a whole slew of new kinds of corruption and crime You're misinformed. Show me one way that bitcoin has lead to new kinds of corruption. I would be very surprised if you could name a single thing and have some credible information about it.