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This article is manifest nonsense. It's the usual "fiat" money is bad and bitcoin is good story, heavily salted with a series of non-sequiturs. They can't even
by dkjaudyeqooe 2y ago
This article is manifest nonsense. It's the usual "fiat" money is bad and bitcoin is good story, heavily salted with a series of non-sequiturs.
They can't even get the simplest of facts right. The government doesn't "print" money, it has no ability to do that. The Fed can create and destroy money and it does so for carefully considered reasons and with a well defined strategy.
Bitcoin adherents don't want to know that because they're in the business of starting with their conclusion, and desperately working backwards in any possible way they can.