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Re: fink post# 38

Tuesday, 11/29/2022 2:40:36 PM

Tuesday, November 29, 2022 2:40:36 PM

Post# of 71
Cryptos are about to get bored out of existence. They now fall under securities law. And Not a single crypto coin was created the legal way like we see with stocks or bonds. This spells death for cryptos.
Only survivor will be bitcoin as it’s coins are mined not created. It’s under commodity law. It will survive.
Plus the Fed will not want competition to its Crypto thingy replacing the paper dollar.
However, the new Fed CBDC will be backed by silver. Just a heads up.