You are viewing a single comment's thread from:

RE: America's Banks Are Missing Billions & the Government is Still Calling Crypto a Scam

in LeoFinancelast year

I have touted this as well - why hold all your money at a bank? I just don't think that makes sense. I think it makes a whole lot more sense to hold some money at multiple banks and then also some money in the crypto ecosystem.

What we hold in the bank isn't money, it's currency. The real money the system seized in 1934 with the Gold Reserve Act.

I don't buy-in to the future that the USD is going to $0

Its purchasing power will definitely dissolve. Can't tell whe , but it will. That's the nature of all fiat currencies; and the reasons are the same throughout history.

Anyways. Good read. Great info to debate over.