Quote:
Originally Posted by Aces4
Bitcoin is like the American dollar, mass insanity and another Ponzi scheme. There is no true value behind it and it’s value is manipulated daily by printing more and more. The only difference is the government manages one of them.
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The American dollar is the most used currency in the world and has stability right up there with Switzerland and Sweden. It is just the OPPOSITE of mass insanity and a Ponzi scheme. If we had NOT gotten away from the PROGRESSIVE tax brackets of the 1950s, we would have ZERO national debt, which as a percentage of GNP is not even that bad.
........The "true value" of the US dollar is the world's faith in the US economy, number 1 in the world.
.........Printing "more and more" dollars is a conspiracy theory that sounds meaningful, but is NOT.