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Personal Finance and Investing

Marthe48

(20,366 posts) Sat Jan 11, 2025, 10:39 AM Jan 11

If traitor tries to move the U.S. economy to crypto [View all]

will we have to comply? Will our established currency, savings, investments, be safe and usable? If there is a change like this, how do we protect our assets?

I hear a lot more about crypto scams and losses than I do licit use and gains. Except for the crypto bros.

I expected to have assets and income the rest of my life and I don't want to be robbed of what we worked for.

I

17 replies

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If traitor tries to move the U.S. economy to crypto [View all] Marthe48 Jan 11 OP

Let's see if the IRS accepts crypto . . . . no_hypocrisy Jan 11 #1

It would be in addition to US Dollar, not replacing, if it comes to pass Bernardo de La Paz Jan 11 #2

I could see a world where currency is outlawed, or taxed for using it bucolic_frolic Jan 11 #3

This would definitely drive down the dollar Diraven Jan 11 #4

Why do we need Crypto - I read and listened to tons of videos but I don't get the purpose? walkingman Jan 11 #5

The big money return in crypto is::: keithbvadu2 Jan 11 #6

I've heard this kind of thing Marthe48 Jan 11 #7

it is a ponzi scheme which is running out of "investors" rampartd Jan 11 #8

If they run out of dupes Marthe48 Jan 11 #9

that is it in a nutshell rampartd Jan 11 #10

I won't participate on my own Marthe48 Jan 11 #11

"the bitcoin reserve bill" has already been introduced rampartd Jan 11 #12

Are gold bugs behind it, invested in gold and hoping that extra demand raises gold price? Bernardo de La Paz Jan 11 #13

crypto bros (musk/thiel/vance) behind it rampartd Jan 11 #14

And remember World Liberty Financial kkmarie Jan 11 #16

Welcome to DU Marthe48 Jan 11 #17

In all likelihood, he won't do that. Silent Type Jan 11 #15