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RE: Important Updates: PLUS The Reality Of Our Current CASHLESS SOCIETY. By Gregory Mannarino
Just was wondering whats the difference between cryptocurrency and what the banks are using to create 1 and 0's out of thin air now. With cash at least they can only print so fast, they could never print the amount of debt we have. What devalues the doller is the banks being able to use our money as fractional Reserve. I do like the concept of cryptocurrency as long as the ppl control the value by buying into it.
Quite simply, our dollar is a debt instrument. It is printed out of thin air and interest is charged for its use. They can print or more correctly digitize as much as they want. And they are. Cryptocurrency has a limited amount that will be created and we are not a slave to its creators.