Quote:
Originally Posted by nico-t
If cryptocurrency would replace fiat this century old banking cartel which is built to enslave people with debt goes out of business. The fact that they release this statement shows just how threatened they feel in their ivory tower. I love it.
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nobody is actually using crypto for purchases...maybe 2 guys on this forum purchase something 1x/month with crypto but its adoption for actual use, outside of speculation, is almost 0...volume is 99.9999% exchanges...
also printing money has its advantages... want to buy a house? good luck finding somebody who will give you 30 years credit with crypto...want to stimulate the economy? good luck doing that without a printing press...others are printing and you are not...your shit is getting expensive, theirs is getting cheaper due to inflation of their ever more worthless currency...people just cherry pick the good bits of crypto and ignore the bad sides and consequences...
at best, crypto will be like baseball cards or domain names...a fringe storage of value for die hard fans...