The Federal Reserve is nothing federal and has no reserves. They do print more money, rob you from your wealth and from your savings and that’s immoral”
- Nayib Bukele
https://x.com/BitcoinNews21M/status/1962455482393653496?t=oPfuq3zUKbb-hHm9rhPOdA&s=19
Although the Federal Reserve Bank is the central bank of America but it is not a direct government bank. It is an independent institution, there is government participation here. However, it works as a semi-governmental independent organization. This bank prints dollars as it pleases. And the value of the dollar in the market decreases. Those who keep dollars in the bank as savings also lose value. Even the countries that keep the dollar as a reserve currency also lose value. That is why Bitcoin has become so popular. Nayib Bukele was the first to approve Bitcoin in his country. It is definitely a good decision. In addition, he is holding Bitcoin, which is also a good decision. In this inflationary era, Bitcoin is now the most powerful and valuable digital currency and it also be in the future