Jow Forums is still not over tulip mania 2.0

Apparently its already happening

how are users of fiat "protected"?

beyond the jackboot force of the state they are not

>investing in a crumbling pseudo-democratic supranational entity with refugees, fiscal and monetary problems
Nein danke

but in what sense are they using the phrase?

pretty sure if i report a theft of btc to the police they are going to investigate it about the same as they would a theft of eur

This tweet is all the reason I need to be bullish on crypto.
They are afraid.

This for shizzle my wizzles, retail price index tracking would be more effective at showing actual "value" over time by tracking the purchasing power of your currency

they are implying that they are a safe bet because they are backed by the power of the state which is true and gives people faith in it. you are forced to use their currency and must pay taxes in their currency. but the underlying truth is that there is no gold, no assets nothing really backing it apart from force. goy stay with our currency do not wander of the plantation and acquire real money like gold, silver or now cryptos. if the people flee from fiat currency then they have little or no control over the population. theft is theft

> No one is backing it from from the ECB, but it is backed buy maths
> It's not widely accepted, except you can trade it and buy things with it all over the world
> Users are not protected against thier own idiocy , yet they are actually safer using crypto as it is decentralized and that is the entire point
> it's volatile as it is a new market, as time goes by we all know this volatility will be less of a problem

you would see that gold is not really inflation proof then. it loses to inflation over time. quiet sad. but it's hard to compare things with technological advance.