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whorunit t1_j8qnumr wrote

Yes .. look at Venezuela, Columbia, Africa - people hold their money in crypto because the government debases the currency to $0. The same thing will eventually happen to the USD - if the government isn’t careful, it will lose its reserve status and people have many other options now. Read “the ascent of money” - government currencies rarely last more than a few decades, they ALL eventually go to $0 leaving citizens poor.

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