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Replying to Avatar BITwise 🐳 >>= RIGHTish

Because history repeats itself

The same thing happened in Germany during the fall of the Mark after WW1.

Germany was throwing good money at bad trying desperately to prop up their currency valuation.

While the situation with USD is nowhere near as dire (yet), human hubris and greed is universal in that sense. Fed desperately holding onto their perceived sense of monetary power to their own eventual detriment.

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QW 2y ago

They lost their most precious asset. Trust.

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BITwise 🐳 >>= RIGHTish 2y ago

...something something backed and secured by the full faith and credit of the United States ... 💩🤡

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