>>20172577Crypto is backed purely by digital currency printing, rehypothecation, and theft. Not even printing physical currency could keep up with the inflation. There are about 1777 digital dollars for every dollar and looking at the price of silver as a measure for printed paper dollar abuse 30x over, multiplying the two values goves a number strangely close to the value of bitcoin. Cryptocurrency is a glorified credit card system. It's a literal ppnzi scheme pumped by kikes with the intention of rugpulling "investors".
This type of manipulation, printing money to pump an asset, coupled with the tamping of precious metals, gived faith in the federal reserve notes.
>tl;dr crypto is double fiat 