I wouldn’t call it a fraud. I’m sure at some point the money that was printed, was actually backed by gold. But now that pretty much everyone knows the gold has been spent ten times over, the money in your pocket is essentially useless.

It would be fraudulent for the government to try and tell us that everything is fine, but even that senile old fukr gives his citizens a bit more credit than that. That’s been my experience anyways.

I am only starting to invest in bitcoin because I’m not really risking anything more than if I saved paper money. The risk of paper money becoming completely useless is on par with the risk of going all in on a currency that only exists in a digital space.