The Picard Maneuver to People [email protected] • 1 month agoBe kind to your elderslemmy.worldimagemessage-square355fedilinkarrow-up11.3Karrow-down135
arrow-up11.27Karrow-down1imageBe kind to your elderslemmy.worldThe Picard Maneuver to People [email protected] • 1 month agomessage-square355fedilink
minus-square@[email protected]linkfedilink6•1 month agoA pretty generous comparison. USD is at least FDIC insured and somewhat tied to our country’s finances. Crypto only stabilizes around the markets that use it, i.e. black markets.
minus-square@[email protected]linkfedilink3•edit-21 month agoAt this point, the US is becoming a black market. FDIC insures you won’t lose your money if a bank or something goes under. It doesn’t do anything to insure that the money’s value stays good.
A pretty generous comparison. USD is at least FDIC insured and somewhat tied to our country’s finances. Crypto only stabilizes around the markets that use it, i.e. black markets.
At this point, the US is becoming a black market.
FDIC insures you won’t lose your money if a bank or something goes under. It doesn’t do anything to insure that the money’s value stays good.