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US dollars are backed by the US economy and military
by evilfred 2y ago
US dollars are backed by the US economy and military
- roenxi 2y agoIf US dollars can be backed by a military, crypto is backed by mining networks. The mining network is a lot more productive than the US military which has vastly negative economic output. At least ASICs doesn't wander around wrecking countries in a semi-random fashion. The mining network even operates at a profit, which is much better than the US government by a huge margin. Someone thinks they are worth the money.