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RE: U.S.A. Stimulus Checks Inbound

in LeoFinance3 years ago

Do I detect a hint of sarcasm here? :)

it devalues the dollar and builds more credibility for assets like bitcoin. Keep it up Joe!

That last part made me laugh out loud! Good on you for pointing out the utility in using legacy currency to purchase cryptocurrency which will replace it.

If you can't join them, beat them! :)


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So many people looking at this like free money. We're all going to be paying for this over the next couple decades in the form of inflation. We're basically taking the easy way out and sticking our children and grandchildren with this debt.

The checks are nice, but I fear this is the destruction of the dollar. I'm also wondering how long the rest of the world will tolerate a devalued dollar as the "world" reserve currency. I don't think most people understand the future repercussions of these stimulus checks.

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That's why I think cryptocurrencies will most likely replace all traditional currencies someday.

Maybe a little bit of sarcasm haha, thanks for the support!

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