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Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
- VHRanger 5y agoFinance is weaponized insofar that this large web of interdependent economic relationships is extremely beneficial to be a part of. Trade creates giant win-win situations where parties can specialize and use the economic surplus they produce to buy what they don't produce from others. You lose those benefits by being cut off from the web of relationships.
- jqpabc123 5y agoDisconnect Bitcoin and crypto from USD and then we can talk about how right they are. The entire crypto market is directly tied to the USD by way of Tether --- which maintains a $1 USD peg regardless of backing --- or rather the lack thereof. This is the biggest fraud since Madoff.
- uejfiweun 5y agoLol. These coin websites are practically like RT in the way they constantly just pump out propaganda. If the price of Bitcoin rises it's bullish for crypto, if it falls it's bullish for crypto, if Russia invades Ukraine it's bullish for crypto, if world peace is declared it's bullish for crypto.