this post was submitted on 13 Dec 2023
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no money has inherit value, but we give it value. just like crypto.
really what is the actual difference? just because crypto is not backed by a corrupt government?
The American corrupt government insures your money through the FDIC, so if the bank collapses, you get to keep your money. Also, corrupt credit card companies do not force you to pay for transactions from a stolen credit card and you don't lose money because of it.
What guarantees like those do crypto currencies have?