Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Still Better than US Dollar?
by
LUCKMCFLY
on 12/11/2019, 15:38:29 UTC
~snip~

There are factors to take into account:

1.- The FED in its reports, clearly does not give the truth about the facts, they manipulate the negative interests, this makes us see or believe that the economy under the FIAT money is stable.

2.- There is a large debt, but it is not taken into account because it is in dollars, and since the US is managed in dollars, they prefer to focus on the debt of the other countries in terms of dollars.

The debt is the one that has triggered liquidity in FIAT money, the inflation that is generated when the cash is printed is increasing every day.

Bitcoin represents a totally deflationary economy, when compared to the dollar or any currency, inflation is fought immediately, as is the case of particular economies taken by people, where they forget a FIAT money system based on debt. Recently an FBI report affirmed that Crypto and Bitcoin is a problem, they claim that it can be used as help for organized crime, money laundering, among others, but the biggest crimes have occurred with FIAT money, They also emphasize leaking capitals, and they say that money is hidden from them, that is, sometimes they cannot follow up, here I put it: FBI: Crypto Is A ‘Significant Problem That Will Get Bigger And Bigger’ , if governments and banks do not agree, it is because it is automatically favorable for everyone who uses bitcoin , simple, because it escapes the control of third parties, one of the reasons why Satoshi Nakamoto created bitcoin, in addition to decentralization and generating financial freedom, that is, the goal is being achieved, which leaves as a message that: "We are going very good road "

Thanks to this it is easy to conclude that Bitcoin is much better than the dollar, especially for business, and to pay for goods and services.