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Author Topic: Comparing U.S. Federal Spending with Revenue - This is why fiat will fall  (Read 233 times)
SquallLeonhart
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January 28, 2023, 07:29:21 PM
 #21

The bigger issue is that dollar is still considered as a good currency for many people, and I do not understand why. I mean look at how much they printed it, and it should be a lot less valuable these days, and yes dollar does lose "some" value due to inflation, but it still keeps its power compared to most other currencies which makes it strong one way or another.

This is why I do not trust fiat currency, even one of the strongest currencies out there is keeping it's inflated value high, whereas bitcoin has a legit and trustable value that we decide and we will make it higher or lower depending on what we believe it should be, that's a fair valuation and that's why I invest into it.

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