Post
Topic
Board Economics
Re: Paper Money - The Greatest Scam
by
deppil
on 28/12/2018, 03:54:32 UTC
Before the invention of cryptocurrency, the fiat currency was in existence for centuries so we have to still give credit to that innovation. Cryptocurrency is here to improve the fiat currency, so fiat was not a scam and will never be a scam.
Somehow i don't like how the government can take your money easily without your permission especially in the banks. There is too much rules which you have to maintain and any other regulations that doesn't give you a freedom if you disobey. Everyone is forced to take it while the people inside the government could easily make a way out of it.
Thats right. they use all the rules to freeze your account when you do something that violates their TOS. I don't like that system. cryptocurrency comes to break that rules. thats why they are scared. but I don't think that paper money is a scam. although only paper. but their value it describes the country's economy
It's a scam because those who manage it are greedy people, those who are in the government are greedy, they want to control us with their regulations so they can make money from us. That is happening but seems like majority does not see it, good thing that crypto is here now, so let's help people to get educated with crypto as this will benefit the people in general.
If the profit for the government itself is to increase the state budget. of course it is not a problem because it will help build the country. but if they use the rules for personal gain that is certainly something that must be opposed.