InvestorsHub Logo
icon url

bar1080

10/17/21 11:21 AM

#191975 RE: Koog #191974

What's to prevent creation of infinite crypto varieties?
icon url

Koog

10/17/21 11:51 AM

#191979 RE: Koog #191974

I should add that, like crypto currency, the Dollar has no intrinsic value either beyond the "promise" of "the full faith and credit of the United States".

Dollars are created out of thin air as well. What backs up the dollar is the public's faith that the government will not print too many and the confidence that the dollars will be accepted everywhere. The government seems to no longer be concerned about printing too many.

The Dollar can collapse as well.