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>> No.12080384 [View]
File: 50 KB, 840x420, fleet.jpg [View same] [iqdb] [saucenao] [google]
12080384

>>12080367
>he thinks the FED is what's backing US debt

>> No.11450354 [View]
File: 50 KB, 840x420, fiatguard.jpg [View same] [iqdb] [saucenao] [google]
11450354

>>11450312
>Dude what is the intrinsic value of paper money? Nothing.
It's backed by the state and the economy because they're forced to use it. You could say fiat money is like Bitcoin Core - a centralized scamcoin which is PRECISELY WHAT MAKES IT VALUABLE.
Will the state stop using fiat and start accepting creepto? No.
Who has an army to back it up?

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