DCC 4.55% 4.2¢ digitalx limited

Digital Assets, Blockchain Consulting, xBullion, DX Americas, Bitcoin Fund - Main Discussion Thread, page-416

  1. 2,536 Posts.
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    fiat currency became a ticking time bomb in 1971 when J E Hoover decoupled the USD from gold

    fiat is inflationary

    gold and bitcoin are deflationary

    central banking creates dollars with debt from nothing using fractional accounting

    us government doesnt collect enough revenue to pay the interest on the current debt , hence the need to go to congress and continually raise the debt ceiling

    100% of fiat based currency have historically failed due to inflationary pressures

    there currently is a currency crisis which makes Bitcoins 4th bubble ( the previous one ) look like a smooth line

    crypto is a digital hedge for super inflation just do a quick google on failed and failing fiat , its scary

    I actually trade fiat to increase satoshis so back the front from what you are saying

    and yes when the likes of JP morgan and facebook are creating methods of financial transfer not dependant on fiat currency I pay attention
 
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