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submitted 4 months ago by [email protected] to c/[email protected]

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An enlightening and high quality video on how money and the banking system work, why they are corrupted and what is the solution.

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[–] [email protected] 2 points 4 months ago (1 children)

money has to be backed by the state

I think the point if Bitcoin was to challenge this statement.

[–] [email protected] 3 points 4 months ago* (last edited 4 months ago)

Yea and why cryptocurrency isn't money with its exchange rate being determined by how much fiat currencies are entering and exiting.