lol
dollars dont travel to crypto exchanges.
they dont even travel across the oceans
dollars just move from one bank account to another.
meaning they dont just evaporate once a user buys bitcoin.
it does not matter whos name is on the bank account.. whether its a individuals name, or a exchanges name, or anything.. dollars will continue as they always have moving from one account to another..
governments have
legal tender laws
tax laws
minimum wage laws
court fines and parking fines laws
all designed to keep fiat circulating between account holders. and this will never change
at best. if bitcoin devs took their thumbs out thir asses and implemented a fee formulae properly to make spamming expensive and real utility cheap.. then bitcoin could be used as a viable daily use currency to SIT ALONG SIDE fiat. but it wont destroy fiat.
because its not just about a currency existing that destroys another..
its not even just about a currency thats popular
otherwise the EURO would have killed dollar, yet america protects the dollar with the laws mentioned above to stop the EURO becoming americas fiat.
Topic: Banks aren't that bad after all (Read 145 times)
Western civilization existed before banks were about
It's true, but everyone wants MORE & MORE $$$. If tomorrow there will be no more banks , there will be no more dollar.
Just like if everyone buys different altcoins, that will weaken Bitcoin and ultimately will also weaken altcoins themselves.
No more dollar means bye bye Western Civilization. Hello Eastern Civilization.
Crypto is a danger to banks yes, but also a danger to yourself if you're a Westerner.
So those buying into crypto ultimately will kill the dollar, and Western superiority in the world.
Because the cash will flow out of banks into crypto exchanges, mostly asian.
They manipulate the market, you'll end up broke , dollars to crypto , crypto to China/Japan, etc..
Just like if everyone buys different altcoins, that will weaken Bitcoin and ultimately will also weaken altcoins themselves.
No more dollar means bye bye Western Civilization. Hello Eastern Civilization.
Crypto is a danger to banks yes, but also a danger to yourself if you're a Westerner.
So those buying into crypto ultimately will kill the dollar, and Western superiority in the world.
Because the cash will flow out of banks into crypto exchanges, mostly asian.
They manipulate the market, you'll end up broke , dollars to crypto , crypto to China/Japan, etc..
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