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[–] Tallest_Skil 1 point -1 points (+0|-1) ago 

OY VEY GOYIM JEWS ARE SCARED OF THE THING THEY CREATED BECAUSE I SAY SO

Are you retarded or just paid?

Interrupting your fiat banker debt scheme?

Cryptocurrency is the most perfect fiat currency ever created, you stupid fucking lunatic. WHERE’S THE MONEY? WHERE’S THE SPECIE? WHAT BACKS IT?

Posting crypto articles draws out the jews

Jews post crypto articles.

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[–] toobaditworks [S] 0 points 1 point (+1|-0) ago 

Yeah every jew banker on the planet hates crypto yet they all invented it... good one.

Cryptocurrency is the most perfect fiat currency ever created, you stupid fucking lunatic. WHERE’S THE MONEY? WHERE’S THE SPECIE? WHAT BACKS IT?

Fiat is money that is printed/issued by a government in which the supply can increase whenever they feel like increasing it.

Crypto's are not printed/issued by a government and have a limited supply which is regulated by code. Therefore crypto's can't be fiat.

WHERE’S THE MONEY?

The money is electronic and can be stored in a number of ways. It can be held by the end user in cold wallets, stored on usb drives, or other ways like Databunker, Fidelity Digital Assets, and bakkt.

WHERE’S THE SPECIE?

I don't know what this is.

WHAT BACKS IT?

Coins like bitcoin are backed by it's usage/adoption and by people who want decentralized currencies to replace the corrupt central bankers and federal reserve. Other crypto's like USD Coin and other stable coins are backed by the US dollar or other government currencies and some crypto's are backed by gold.

I hope this has been a learning experience for you.

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[–] Tallest_Skil 1 point -1 points (+0|-1) ago 

Yeah every jew banker on the planet hates crypto

[citation needed]

Fiat is money that is printed/issued by a government in which the supply can increase whenever they feel like increasing it.

No... fiat is currency by mandate. Crypto is currency by mandate. It is not a store of value. It has no intrinsic worth. Just like the pieces of cloth in our pockets.

Crypto's are not printed/issued by a government

  1. Yet.
  2. So? Private institutions aren’t better.

and have a limited supply which is regulated by code.

  1. And yet infinite cryptocurrencies can be created.
  2. And yet cryptocurrencies NOT limited by code can be created.

The money is electronic

No, that’s not what money is. Words have definitions.

and can be stored in a number of ways

All of which are useless when the power goes out.

I don't know what this is.

So maybe do some research on a topic before pretending to know about it.

Coins like bitcoin are backed by it's usage/adoption

So... FIAT.

Other crypto's like USD Coin and other stable coins are backed by the US dollar

So... fiat by proxy. Or double fiat, however you want to look at it.

some crypto's are backed by gold.

Now there we go. You show me the ones that are, and I’ll show you an actual claim check to real money. What the US dollar used to be.

I hope this has been a learning experience for you.

I learned that you claimed that some crypto is gold backed. I’d like to hear more about those.