Dollar is fake money but just legalized fake money

[Oneone1]

If we want to explain why world is like that the whole financial and all the things we need to understood dollar is fake money and its legalized fake money the world is not about now merits or skills but your success comes ability to use money printer to get fake money it creates monopoly and dollar power + huge inflation and the unequal world because those who can just print dollars will take everything not because they provide some better skills or merits to the world only reason is that they got that FAKE money maker.
Now the world is full of fake money called dollar so the fake money owners creators and distributers know that very well ofc they dont want to give power away what they will do is will make rates higher of loans + higher trading tarifs also so they will do all to make sure that fake money will be returned back and less money in hands of many so then this fake money will have value again, but the problem is here another one too..... its not just dollar $ the £ euro cad....all of them are fake money but just legalized fake by criminal mafia bankers and goverments

What we will see is now euro pound dollar higher rates higher yields and off course higher trading tarifs + more taxes + more all kind of regulations ALL THIS to make illusion to people that money is limited, when in reality there is too much of western nations currencies and all of them want same thing.... that their fake money stays and world will accept their fake money as currency.

[_act_]

I do not see the fiat as fake money but I always see it as a means for governments to scam their citizens. It would have been better if there is no inflation or if the inflation is barely noticeable after decades but the governments are not like that. They kept less volatile foreign currencies like United States dollars and the real money like gold in their reserves but they kept declining the value of their fiat. Fiat would have been better than this if their price is not significantly declining.

US dollar, Euro and Pounds Sterling are still better, check the fiat of some countries like Venezuela, Turkey, Nigeria, Iran and see how bad their fiat have declined in price since 10 years ago. There are many countries similar to these countries.

[Synchronice]

I do not see the fist as fake money but I always see it as a means for governments to scam their citizens. It would have been better if there is not inflation or if the inflation is barely noticeable after decades but the governments are not like that. They kept less volatile foreign currencies like United States dollars and gold in their reserves but they kept declining the value of their money. Fiat wild have been better than this if their price is not significantly declining.

Fiat is not a problem. The problem is that no one gets punished for their actions. Those, who are in charge of the country's economy and finances don't get punished when the country doesn't perform well or when they make monetary mistakes that affect millions of people. Where there's a will, there's a way. Invest into education, invest into development, invest into progress instead of Hollywood and fake propaganda and the country will succeed. More responsibility, less corruption and actually paying a price for your actions will result in a better fiat to my mind.

[bitLeap]

Whether or not a dollar is considered counterfeit depends on mutual agreement, because that's what gives it value. Without agreement, who would accept counterfeit money? All countries agree to use this paper money as a means of transaction, creating value and there are goods to be gained from fiat exchange. Even after it is no longer backed by gold, they will continue to try to maintain the value of the dollar for the sake of balance.

[WillyAp]

another extremist thread.
Imagine buying groceries with BTC or USDT which, by the way, is a private FIAT. USDC, USDT also looses value as chained to the US$.

[Dunamisx]

Be it US dollar or any other local currency, they are not fake, as the legal status still  remains a legal tender, but only that they can be manipulated by the government since we don't have a fixed supply and they keep printing the more, while inflation keep rising in the same direction so the whole thing fall back on the masses, while the rich are getting more affordability to earn a living because they earn money in their millions.

[khiholangkang]

At first, this paper had a definite value, namely as a representation of gold so that it was easier for people to carry, this money was a sign of gold ownership, but since Nixon changed the gold standard, it was easier for countries or governments to print money for financing, and ultimately until today its value is pegged to public trust in this FIAT currency, its value lies in how trustworthy it is, if no one believes it anymore, its value will decline, it is also based on supply and demand, it is not considered fraud because they agree with this currency, even you yourself use it.

[Mhizlove]

I do not see the fiat as fake money but I always see it as a means for governments to scam their citizens. It would have been better if there is no inflation or if the inflation is barely noticeable after decades but the governments are not like that. They kept less volatile foreign currencies like United States dollars and the real money like gold in their reserves but they kept declining the value of their fiat. Fiat would have been better than this if their price is not significantly declining.

US dollar, Euro and Pounds Sterling are still better, check the fiat of some countries like Venezuela, Turkey, Nigeria, Iran and see how bad their fiat have declined in price since 10 years ago. There are many countries similar to these countries.

I agree with you because you see this money that is been said as fake, it's just a means for the government to take advantage of it's people through inflation, because if the inflation remains steady overtime fiat will still hold  it's  value. But the only thing government keeps are their assets like gold while their own currency loses value.

 And that is not a good thing for these countries because if there is much inflation and the government manages it well then at the end of the day people will have this trust on fiat and make use of it with ease, but with all this poor handling or mismanagement has made it lose it value and trust .

[DrBeer]

If we want to explain why world is like that the whole financial and all the things we need to understood dollar is fake money and its legalized fake money the world is not about now merits or skills but your success comes ability to use money printer to get fake money it creates monopoly and dollar power + huge inflation and the unequal world because those who can just print dollars will take everything not because they provide some better skills or merits to the world only reason is that they got that FAKE money maker.
Now the world is full of fake money called dollar so the fake money owners creators and distributers know that very well ofc they dont want to give power away what they will do is will make rates higher of loans + higher trading tarifs also so they will do all to make sure that fake money will be returned back and less money in hands of many so then this fake money will have value again, but the problem is here another one too..... its not just dollar $ the £ euro cad....all of them are fake money but just legalized fake by criminal mafia bankers and goverments

What we will see is now euro pound dollar higher rates higher yields and off course higher trading tarifs + more taxes + more all kind of regulations ALL THIS to make illusion to people that money is limited, when in reality there is too much of western nations currencies and all of them want same thing.... that their fake money stays and world will accept their fake money as currency.

Okay, “fake dollar,” “fake pound,” “capitalists are bloodsuckers,” okay, let's say so, especially since I heard this regularly as a child from all the media outlets during the Soviet era!
One simple question—for example, the Iranian rial, the Russian ruble, the North Korean won—tell me how well they are doing, how stable and secure they are, and what are the prospects for the global economy to switch to one of these models of currency stability and value? Your opinion is very important, since you are so knowledgeable about “fake currencies”!
 

[DPHOR]

In whatever way you may want to paint it you should know that money has been there and that is the true medium of exchange, and of course that is the only way the government could have control over people, because people store their money in bank, and that is a centralized way of controlling everyone wealth and they could easily scam people through that means. That is why it is important to also focused on decentralized way, whereby acquiring bitcoin could be a way out of haven to be subjugated by the government.

[barbara44]

Fiat is not a problem. The problem is that no one gets punished for their actions. Those, who are in charge of the country's economy and finances don't get punished when the country doesn't perform well or when they make monetary mistakes that affect millions of people. Where there's a will, there's a way. Invest into education, invest into development, invest into progress instead of Hollywood and fake propaganda and the country will succeed. More responsibility, less corruption and actually paying a price for your actions will result in a better fiat to my mind.

The sad thing is that, the "punishment" is elections. It means, if a person (president) rules a nation terribly, then you have to elect someone else as a punishment, giving incentives to political parties and presidents to do better. That way they would know if they do terrible then they would lose elections and since they do not want to lose elections and keep in power, they will do better.

But in todays world, we are seeing people voting based on fanatic teams, meaning "my team versus your team", which means even if your guy does terrible, you still vote for him, so that the other team doesn't win. That makes it so that politics isn't about "we are better" anymore, it is about "they are worse" and that's why all nations sucks these days.

[Oluwa-btc]

If we want to explain why world is like that the whole financial and all the things we need to understood dollar is fake money and its legalized fake money the world is not about now merits or skills but your success comes ability to use money printer to get fake money it creates monopoly and dollar power + huge inflation and the unequal world because those who can just print dollars will take everything not because they provide some better skills or merits to the world only reason is that they got that FAKE money maker.
Now the world is full of fake money called dollar so the fake money owners creators and distributers know that very well ofc they dont want to give power away what they will do is will make rates higher of loans + higher trading tarifs also so they will do all to make sure that fake money will be returned back and less money in hands of many so then this fake money will have value again, but the problem is here another one too..... its not just dollar $ the £ euro cad....all of them are fake money but just legalized fake by criminal mafia bankers and goverments

What we will see is now euro pound dollar higher rates higher yields and off course higher trading tarifs + more taxes + more all kind of regulations ALL THIS to make illusion to people that money is limited, when in reality there is too much of western nations currencies and all of them want same thing.... that their fake money stays and world will accept their fake money as currency.

While the US economy is vast and broad,Dollar is the world's most popular means of exchange,from international exchanges, economic development, global trade government policy formulation and lots more.The dollar is backed by a lot of power and a system that supports and favours it positively or negatively.Who else thinks of how well currency would emerge from good governances/political influences.

[mindrust]

“Bitcoin is money, everything else is credit.” –satoshiman sachs

Dollar might be fake&legal money as you said but that still doesn’t change the fact that almost everyone is pricing their products and services in USD/EUR/GBP, not BTC. I wish the reality was different but this is what we have and bitcoin can’t change this either and that’s because we actually need those fake money which the central banks print out of thin air. This is by design. The whole civilization would collapse if btc replaced the dollar. If you can’t name a fixed price for an apple in btc, that means btc will never replace the usd.

[Findingnemo]

Dollar, Euro, Dinar, or whatever the bills are called, everything is scam because it doesn't have the intrinsic value of what the number says. Let's say a 100 dollar bill is just worth a few cents but it is believed to have worth of 100 dollar only because the government told the people it has value. This is how the fiat system was built, entirely based on trust and if suddenly one fine day the issuer wake up and say those old bills doesn't have any value then it is useless.

[Furious 7]

However, fiat is now legal and there's no denying that and I don't think I would say it's fake because the rules have been there since the beginning.
Until now, even from the time we are born until we die, we will be stuck in the same pattern because the rules have been written where those in power will continue to regulate us, one of which is with fiat as a payment system.

We cannot change that even though until now there have been a lot of instruments for us to try to control ourselves without being controlled by other parties including the government but still it will not be realized properly because in the end the pattern is still the same where when we live and have status as citizens in a country then of course the rules remain the same where government regulations including the system are always the benchmark in the end.

[Fortify]

If we want to explain why world is like that the whole financial and all the things we need to understood dollar is fake money and its legalized fake money the world is not about now merits or skills but your success comes ability to use money printer to get fake money it creates monopoly and dollar power + huge inflation and the unequal world because those who can just print dollars will take everything not because they provide some better skills or merits to the world only reason is that they got that FAKE money maker.
Now the world is full of fake money called dollar so the fake money owners creators and distributers know that very well ofc they dont want to give power away what they will do is will make rates higher of loans + higher trading tarifs also so they will do all to make sure that fake money will be returned back and less money in hands of many so then this fake money will have value again, but the problem is here another one too..... its not just dollar $ the £ euro cad....all of them are fake money but just legalized fake by criminal mafia bankers and goverments

What we will see is now euro pound dollar higher rates higher yields and off course higher trading tarifs + more taxes + more all kind of regulations ALL THIS to make illusion to people that money is limited, when in reality there is too much of western nations currencies and all of them want same thing.... that their fake money stays and world will accept their fake money as currency.

Repeating the word fake a hundred times does not give your idea any more credibility. You'll find a lot more places around the world accepting and trading in the money you call "fake" than you will with Bitcoin, what does that mean? The fact that the US government devalues debt actually works to the advantage of every US citizen, because it inflates away the amount the US government borrows and has to repay on external debts. It should give pause for thought to anyone that buys US bonds, but that trade off is often accepted because the dollar still has relative stability to other currencies or goods. It takes a really big mess up, or poor leadership, for the dollar to get knocked off course and it has generally been following a more predictable trend than any other currency. When you're doing things like pension planning in 30 years time, it helps to have some expectations.

[o48o]

What's "fake" money? In fact what's real money to you? Money is nothing but a contract where banknote issuers promise that money has value. We agree that something has value, so it has value.

Every fiat money in every country has a supply that governments have set up regulations for, so they can control it. So what makes dollar different?

And what's REAL money to you? How does it make it better then fiat money, which is highly liquid for fast trading of goods and services. Do you think gold coins would work better? How? People would just hoard then and prices would change weekly. And countries wouldn't live past one war.

[asriloni]

If you're thinking like that so it's also applicable to the gold. Gold is also a non tangible thing, and it's just a shiny rock that has nothing to be valued. The fact that value of gold is also being made up same as fiat currency. It's being determined from arbitrary agreement(trust). So what's makes this different than fiat? Basically, there's nothing different at all.

It's all coming from the trust same as fiat. You can hate fiat, but remember you're still using it everyday. 

[davis196]

If we want to explain why world is like that the whole financial and all the things we need to understood dollar is fake money and its legalized fake money the world is not about now merits or skills but your success comes ability to use money printer to get fake money it creates monopoly and dollar power + huge inflation and the unequal world because those who can just print dollars will take everything not because they provide some better skills or merits to the world only reason is that they got that FAKE money maker.
Now the world is full of fake money called dollar so the fake money owners creators and distributers know that very well ofc they dont want to give power away what they will do is will make rates higher of loans + higher trading tarifs also so they will do all to make sure that fake money will be returned back and less money in hands of many so then this fake money will have value again, but the problem is here another one too..... its not just dollar $ the £ euro cad....all of them are fake money but just legalized fake by criminal mafia bankers and goverments

What we will see is now euro pound dollar higher rates higher yields and off course higher trading tarifs + more taxes + more all kind of regulations ALL THIS to make illusion to people that money is limited, when in reality there is too much of western nations currencies and all of them want same thing.... that their fake money stays and world will accept their fake money as currency.

Do you want to propose a solution to the "fake money" problem instead of just complaining? What's the alternative? Crypto? OK, but don't see any mass crypto adoption around the world. Going back to gold and silver coins, instead of fiat money? The global economy is too big and there's not enough gold and silver to be minted as coins, and digital finance is too big right now. No gold standard can compete against the digital finance world. Fiat money are fake, I agree, but the crypto haters insist that crypto is fake as well. Everything can be viewed as fake in the world of finance. What matters the most is the trust, that people have, when they buy and sell currencies and financial assets. Without trust, the global financial system would just collapse.

[Ruttoshi]

The government of several countries came to agreements for them to use fiat as a currency for trade because they can easily print it and manipulate the citizens with it and none of them will be punished for their actions.

Back days, other form of currency couldn't be manipulated because it's rare to see them and there was no much inflation. Humans are not satisfied with what they have, they prefer to take from others by trick. This is the same thing the government is doing with fiat currency that was made by them. The government is the problem not fiat (usd, euro, pounds etc.)