Ripple (XRPUSD)

[GreedyAgorist]

Fiat better than gold? Mass-murder casualties might disagree.

The power to tax is the power to destroy and in the case of our country, you might note we got the IRS and the Fed at the same time (and no doubt in anticipation of World War I).

Of course, there were wars before the closing of the gold window, not to mention before the introduction of paper money. Still, having at its disposal a central bank and an entity empowered to confiscate a large portion of your income, a country can that much more easily go to war ... and STAY AT WAR. Now we have wars going all the time.

To the guy who wants to not pay taxes on his crypto trades, good luck and more power to you. I am thinking maybe do that in a self-directed IRA; I have yet to figure out exactly how to set that up.

Remember when one of the criticisms of Bitcoin was that it facilitated illicit behavior on the—oooooh, scary—“Dark Web”? I had to laugh. All the bitcoin (and now Ether, XRP, and the rest) that has traded hands cannot hold a candle to the drug deals, human trafficking, and death funded by the US dollar (not to mention the rest of the fiat currencies).