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RE: A Letter To The IRS: Go Fuck Yourselves You Bunch Of Criminals

in #bitcoin7 years ago (edited)

You think it’s a good idea for fiat to crash when maybe if we’re lucky 2% of the population owns crypto and it’s not available for use at almost all gas stations, grocery stores, retail centers. Let me ask you this, if fiat crashes to zero and 98% of people only own fiat, then what happens to their wealth? Please don’t talk like the USD crashing is good for anyone. You’re wrong.

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Where we can't use digital, metals would be king

You're missing the big picture. . Not sure you realize what the US dollar means in terms of global survival. Hyperinflation like seen in post WWI Germany is a good example, but the problem with that example is the D-mark wasn't the world reserve currency. Any rapid decline in the value of the dollar leaves everyone screwed. Imagine you wake up tomorrow and go to the gas station and 1 gallon is $30, a 24 pack of beer is $60, the purchasing power of your paycheck is worth 20% what it was the day before. There are no winners in that scenario.

I guess for those unprepared it would be a very bad day. Unfortunately, we might find out in the not so distant future. Good post

Also, it isn't to say that this couldn't bring about God's things. When people actually feel the change it might be the catalyst we need to make a brighter future

Whether or not you or I think it's a good idea, fiat is going to crash. It's already happening. It is the inevitable result of the practices and the policies of the puppet masters who manipulate and inflate it. The wheels are already in motion, and nothing will stop the inevitable fall of the fiat house of cards. What I do think is a good idea is for people to wake up, realize what is happening, stop paying tribute to the purveyors of evil, and move their wealth out of their reach and into private, distributed, open-ledger currencies.

So what level of inflation defines a fiat crash?