Post
Topic
Board Economics
Re: Paper Money - The Greatest Scam
by
dengpei
on 17/09/2019, 09:22:18 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.
And Bitcoin was created from the image of gold???

This kind of reasoning is self-defeating because if you come to think of it BTC is essentially a bunch of zeroes and ones! The real argument should be over the issue of backing. BTC naysayers have always argued that BTC is not backed by real assets and this is true but very few people also do point out the fact that the USD, the world's most sought after currency is also backed by hot air! Nothing.