Ever wonder how fiat currency really works?

It's

Question

mev_me_maybe · Accepted Answer

Wake up, fiat currency scams have been running for hundreds of years.

While you are still depositing money in banks, they are just printing more money, simple.

Bitcoin is essentially the coded version of the phrase "I'm out."

SignatureLiquidator · Answer

Wake up, fiat currency scams should have gone bankrupt long ago.

Bitcoin is the answer. What are you hesitating for?

As the printing press runs, our money depreciates... this game is too ruthless.

Power and money have always been a pair of goods; encryption is the real way out.

They control the currency rights, so we have to endure dilution. This isn't fair.

Decentralization didn't appear out of nowhere; it's a rebellion forced by the people.

AirdropworkerZhang · Answer

Wow, this is exactly what we've been talking about. Finally, someone has explained this set of concepts clearly.

Basically, it's systematic money laundering. You hold fiat currency that depreciates, while they print money behind the scenes and make a fortune.

That's also why Bitcoin is inevitable. This guy understands it.

FOMOSapien · Answer

I've seen through this stuff a long time ago; it's just a game to harvest the little guys.

People are still arguing about BTC, but I care more about who is really making money.

Wake up, haven't you felt the devaluation of fiat currency?

That's why I went all in; anyway, lying flat is also being exploited.

The term systemic plunder is too extreme; it's really just about profit distribution.

Some truly believe crypto can save the world, but I don't buy it.

Power and money have always been linked.

I see through it but won't say it outright, but everyone knows in their hearts.

Layer2Observer · Answer

Well, it depends on the data. How much empirical support is there for the argument of "systematic upward redistribution"...

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Theoretically, there's no problem, but the real issue is—cryptocurrency hasn't solved the fundamental dilemma of incentive alignment; it's just reinterpreted from a different perspective.

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Analyzing from the source code level, decentralization ≠ disappearance of power; it's just that the power structure has shifted from explicit to implicit.

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Interestingly, this article completely omits the trade-off between liquidity premium and technology adoption costs...

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One point that needs clarification: Is Bitcoin the answer, or is it just a different way of re-enacting the same game in a different room?

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There's a common misconception that's easy to overlook—the zero-sum game between stability and censorship resistance.

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A common narrative trap in the crypto world is blaming all problems on fiat, but from an engineering perspective, both systems have their own entropy increase issues.

GasWaster69 · Answer

Wake up, the fiat currency system is just legal theft, and we're all being fleeceed.

Got it, that's why we need to hold coins.

Once the printing press starts, our money depreciates, and middlemen keep making profits without stopping.

So Bitcoin is inevitable.

This system is brilliantly designed, concentrating power in the hands of a few, while the lower classes passively endure inflation.

Anyway, I no longer trust them; I still need to control my own wallet.

After playing this fiat game for so long, finally someone dares to tear off the mask.

Ever wonder how fiat currency really works?

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