Post
Topic
Board Economics
Re: Paper Money - The Greatest Scam
by
goaldigger
on 13/01/2019, 10:50:05 UTC
I would say that paper currency is the greatest scam ever to enslave mankind.

Bankers charge interest for a thing which has been created out of thin air.

The paper currency gradually decreases in its value due to inflation over time.

So naturally people tend to move towards cryptos which are free from inflation and the bankers and big economists once again want to pull back people to the traditional enslaving system.

Now the choice is yours.

Enslavery or Financial Freedom?

Think Wise and Twice.


Paper currency isnt a scam. Its a misconception. Here's why.

1.) Banks doesnt charge interest out of thin air. They even give interest with their depositors per month. The ones they charge interests are loans, credits and service charges.

2.) paper currency in fact has greater value rather than its physical value. Imagine a $100 bucks printed in a $.05 paper. So the value per se is decreasing in inflation and not the paper itself and its happening in all aspects like your $5 investments turn $10 over time. Its the same concept.

And lastly, people move on crypto because of its unique characteristics and not because fiat is a scam.