Post
Topic
Board Speculation
Re: Is Bitcoin Going To Zero?
by
PointHope
on 09/12/2018, 05:49:59 UTC
The Euro and USD are going to zero!

Lol. It's not gonna happen (if you are serious with your post)

Bitcoin is money but money itself doesn't produce any products or services on its own.
Agreed with this. The author might be think bitcoin is a machine or something which can produce thing. It's future money

If you look at the USD from a historical perspective it has already lost 98% of it's value since the beginning of the Federal Reserve.

Seeing how the Fed was giving money away at negative interest rates for a spell, an argument could be made for the value of the USD being less than zero. Whatever value exists now seems entirely based on military threat.

As far as the Euro goes it seems like the former DM is or was the foundation.
Notable is the pound sterling and Swiss Franc not being players. Not sure I understand how all that works.
For the average guy (me) these high faluting currency games are a bit mysterious if not outright fraud on a gullible public.