Crypto isn't backed by any normal asset. It's backed by the perceived value of having a secure, trustless, permissionless system. It's not fiat, not even close.
It's just a data tracking system.
Crypto investors are fucking idiots.
They buy large sums of the tool to fuck the cabal and trade it against fiat like a bunch of retards.
Like shit, buy a damn pizza with your crypto.
See if your electrician will accept crypto.
Repay your buddy for lunch with crypto.
Do anything with it other than trade it on an exchange.
It's not rocket science.
It's an citizen derived alternative financial system.
So is gold, so is silver, so is copper, so is gems, so is jewelry.
What matters is that it's not government.
But if money is going to pass through the internet and that is going to be fair and non-government it must be crypto.
That's good too.
You don't have to use crypto.
Just stop using government money.
Crypto isn't backed by any normal asset. It's backed by the perceived value of having a secure, trustless, permissionless system. It's not fiat, not even close.
It's just a data tracking system.
Crypto investors are fucking idiots.
They buy large sums of the tool to fuck the cabal and trade it against fiat like a bunch of retards.
Like shit, buy a damn pizza with your crypto.
See if your electrician will accept crypto.
Repay your buddy for lunch with crypto.
Do anything with it other than trade it on an exchange.
It's not rocket science.
It's an citizen derived alternative financial system.
So is gold, so is silver, so is copper, so is gems, so is jewelry.
What matters is that it's not government.
But if money is going to pass through the internet and that is going to be fair and non-government it must be crypto.
Like I said what matters is that it's not government money.
Yes, digital money is always worse than cash in hand.
That is not what we are talking about.
The only digital money that is secure is crypto, if you don't trust it, become a miner and help run it.
That's what I do.
I physically help run the system.
If you don't do digital, that's fine.
But if you do digital, anything other than crypto is trash.