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RE: A Gross Miscarriage of Justice & Political Prisoner Shout Out
garth said: >>>If enough people start using cryptos instead of the USD, the banks will lose the ability to create money out of thin air for governments to continue to grow indefinitely.<<<
uhhhh. Where do you get this idea? The amount of people using counterfeit currency is a mutually exclusive concept of their ability to produce x amount. One does NOT alter the other. No matter how many use cryptoCasinoChips, there will ALWAYS be dupes, whores, parasites and greedy bastards willing to accept FRNs or other government fiat.
Okay, you got me on a technicality. What I should have said is that banks will lose the ability to create value out of thin air. Zimbabwe can print all the FRN's it wants, but people there still use U$D's.
When government money isn't worth anything then they won't be able to pay their bills with it, except to pay the poor saps who have no choice like employees and contractors.
Thinking that the Dollar will survive forever is to ignore the entire history of every currency, ever. They all die eventually.