Quote from: BlackHatCoiner on Today at 01:32:09 PM

Quote from: legiteum on Today at 01:19:54 PM

And yes, frankly, I'm expecting Congress to oppose this.

I'm also expecting them to oppose this, because... the Federal Reserve is not controlled by the US government. The Federal Reserve is a cartel of private banks, and the US dollar is the way this cartel robs the world. A commitment to bitcoin would encourage everyone across the world to dump dollars for bitcoin, and they're absolutely not going to relinquish this enormous privilege and power they have held and exercised for centuries, because some random politician promised the people bitcoin.

So, don't worry.

OMFG, the Illuminati stuff? I really really thought this nonsense would die soon after I first heard about it living in Orange County CA in the 1980s

.

No, the world's money supply is not controlled by a secret cabal of jews. And no, the USD does not "rob people", any more than AAPL or NVDA or Bitcoin or gold or any other investment "robs people". People are free to trade out of USD any time they want, and USD itself is mostly used as a measurement mechanism and nothing else.

In other words, just because the screen on your investment app says, "$43,983.23" doesn't mean that has any relation to the USD itself as an investment, it's just the means of keeping score. USD is simply one investment along side of millions of others. Banks like Citibank do not have gigantic piles of physical hundred dollar bills sitting in a vault somewhere--they have a pile of contracts stating what they own, which they keep on a balance sheet.

Banking is a complicated subject (I mean, I'm a programmer, not a banker, so it's not impossible to understand it if you just do a little research), but the sad part is that populist politics likes to dumb it down so much as to score political points (antisemitism, for instance), that they want to turn a complex subject into a few soundbites--that are absolutely false and misleading.

Maybe rethink your notions of how the world's financial system actually operates. A realistic understanding of the world will allow you to make much better decisions with your own money...