USD wastes a tremendous amount of resources being created and used.
USD is controlled by the Federal Reserve
- The Federal Reserve is not controlled by the Federal government
- The Federal Reserve has no reserves.
- USD is completely centralized
- USD is loaned with interest from the Fed
- More money is owed to the Fed than there is money in existence.
USD is founded on a completely unsustainable economy that
only flourishes during phases of cancerous growth.The value of USD can only go down every year.
USD funds crime and terrorism
USD can be counterfeit and we have to employ
6500 secret service agents to mitigate the problem.The value of USD is speculative.
USD is a ponzi scheme. and a parasite to the financial system.
Every argument against cryptocurrency is double speak and can be used against fiat.
Many arguments in favor of crytpcurrency cannot be used to support fiat.
- Decentralization and global consensus
- Counterfeiting extremely difficult
- Value can go up over time.
- Not based on debt slavery.