GOLD shall destroy FED.
(media.greatawakening.win)
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So you admit you don't know what you're talking about. Maybe don't talk about something you don't understand unless it's a question.
The six characteristics of money are durability, portability, acceptability, limited supply, divisibility and uniformity. Money acts as a unit of account, a medium of exchange and a store of value.
Decentralized crypto has all those characteristics better than gold and ALOT better than the cash in your wallet than you can't spend as fast as it's being printed.
Doomer.
Great reply. Decentralized crypto does tick all the boxes for a sound form of money.
If something has a finite supply and can't be replicated it doesn't need to be backed by anything.
The same thing backs crypto that backs gold and every other currency used throughout history... scarcity,
But crypto is better at every characteristic of money at the same time.
You don't understand. You just think you do.
"Continuing to argue about it is a waste of energy."
This is what people that don't know WTF they are talking about say when they need to dip out of a convo they aren't equipped for.
^ Proof the boomer can't defend his position.
When the new NFT based stock market launches this year get back to me and admit you were wrong. It's part of the plan to take control from Wall street and the central banks.