Again – I’m not anti crypto. Just the opposite. I just don’t think that it results in money substitute. Everything else but. The problem is the FEDCOIN is specifically not what we need – fed managed.
Source date (UTC): 2022-01-21 17:34:01 UTC
Original post: https://twitter.com/i/web/status/1484580054482960388
Replying to: https://twitter.com/i/web/status/1484577823331336194
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3) And FWIW, as I predicted, it’s not money. Each coin is just a divisible share in the coin’s network. As such it will not behave like money, it will behave like shares, and mirror the share market not serve as a defense from it. This is what we are seeing in the markets.
Original post: https://x.com/i/web/status/1484577823331336194
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