/biz/ - Business & Finance

The USD is backed by the labour of 300 Million Americans and their payment and usage in the common market on the daily.
Around the world, People use it as a stable mechanism for holding between trades and as a store of value relative to hyperinflation.
The USD, for all it is leeched on by the top still kind of works because of the economic activity it depends on.

Bitcoin and Ethereum provide no added value because nothing is settled in it.
The mining costs means high-productivity countries like the US, Europe, South Korea are unable to mine efficiently.
It will never even be a stable store of value.
It's essentially a wealth grab for China and other countries to able to mine it with cheap electricity and dump on you people.

An enterprise blockchain solution for hard asset trading and securitization. Help Rhetra streamline the hard asset trading market.

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