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Re: MoneyMaker111 post# 2945

Wednesday, 12/08/2021 7:14:55 PM

Wednesday, December 08, 2021 7:14:55 PM

Post# of 3770
The US Dollar is backed by Hopes and Dreams. Because it has an Economic value attached.

We are going to see a point where Cryptocurrency like ETH and BTC will become an inflation hedge and a wealth store. We are in fact, already there.

Ethereum isn't "backed" by Currency, it IS Currency.

I just bought a used car recently and I jokingly asked the dealership owner if he accepts Ethereum payments. He's like if that's how you wanna pay I'll give you my ETH address

I could have bought the car with ETH. How is it not "money".

Granted the guy probably would have held the ETH for a few months then sold at an upswing, or sold immediately to get the USD but he can do what he wants at that point. My ETH was as good as USD to him.
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