I’m selling all my bags of fiat toilet paper. I’m done with them. It’s a rigged system.
I’m starting to think that this shit is never gonna come back up.
In fact, there’s always that potential for things to go worse, like we’ve seen with the Yen:
This fiat game is rigged anyway.
It’s a shitcoin with a button for printing more coin at the whim of a centralized entity. There’s no proper oversight, it’s heavily centralized, there’s an infinite supply, no way for us to participate in any real governance. Even if I vote for a President, Prime minister, etc… my vote isn’t really gonna have a say in who’s in charge of the central banks and some of the monetary policies.
This might be fine for a government currency for government needs. But it’s not good for me.
It might be more volatile and have more swings, but at least it’s not constantly manipulated into a downward spiral.
I just no longer believe.
That’s why I’m putting my fiat into BTC, ETH, and a few alt coins, while there’s blood on the street, and they are being oversold in an emotional panic, while there’s no bad news or anything fundamentally wrong the technology. In fact, we’ve had quiet a lot of good news about crypto this year.
Thank you for reading my first Moon farming post for the new Moonrise! Don’t worry, it has the comedy tag.
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