Bit coin, Etherium hit new all time lows as investors flee to stocks

Rut Roh Raggy

Which has absolutely nothing to do with any distinction between Federal Reserve Notes and US dollars.

Every example you’ve brought up has to do with the difference between select commodities versus currency, and in fact cutting your own position to shreds. Eagerly awaiting your next whiff, or are you simply going to cut-and-paste that old gasoline meme?

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Thank you for you absurd opinion.

The fact is, there is a vast difference between a Federal Reserve Note and a United States Dollar.

.JWK

“Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man’s field by the sweat of the poor man’s brow.”_____ Daniel Webster.

According to finance.yahoo.com and coingecko.com there are over 10,000 crypto currencies.

IOW, over 9,999 times,
when teams of crypto experts sat down and studied crypto, they decided DON’T BUY CRYPTO, but that created one would lead to wealth

I’ll call that clue #1

Federal Reserve Notes are facially denominated in United States Dollars. Since 1971, the United States Dollar has been an esoteric, undefined concept. A United States Dollar is essentially worth whatever it happens to be worth on any particular day, at any moment in time. By definition, fiat money has no intrinsic value. And neither do coins, which are merely tokens, floating esoterically in value with the dollar, day by day.

And it will never be anything more than fiat, as no government will ever voluntarily give up their magic money machine.