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USD wastes a tremendous amount of resources being created and used.
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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.
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USD is founded on a completely unsustainable economy that only flourishes during phases of cancerous growth.
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The value of USD can only go down every year.
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USD funds crime and terrorism
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USD can be counterfeit and we have to employ 6500 secret service agents to mitigate the problem.
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The value of USD is speculative.
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USD is a ponzi scheme. and a parasite to the financial system.
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Every argument against cryptocurrency is double speak and can be used against fiat.
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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.
Return from USD Is Not A Real Currency to edicted's Web3 Blog
