RE: Capitalism, Corporatism and Fiat Currencies
Interesting description of what world we are living in “corporatism”. You are 100% correct. Corporations rule the US, corporations rule the world. Not too long and Amazon, Google and Apple will be 1 trillion dollar companies and all we the regular people have is to celebrate one green day in crypto. Not mentioning the ridiculous valuation when it come to these corporations. Who do you thing mostly invests in these companies. Where all this unlimited money printing goes other than to their pockets? I personally am 100% against monopoly and I believe most of us are. And, as you mentioned, that’s why crypto is created at first, against monopoly and corporatism. With some necessary regulations, crypto will eventually rule, not fiat. Oh yes, fiat shouldn’t be this way, but unfortunately it is controlled 100% by governments. I wonder, how long it will last. Sooner it ends the better.