It seems like the university system is as intent on selling it's credibility as the MSM is. Since we have effectively replaced the press, using credibility, what's next? We are the true definition of a university here if you think about it.
I thought he was had a bunch of bitcoin? JFK jr gave $20. kek. Mostly anonymous donations so far.
THE GOLD STANDARD
The best lies are 90% truth.
I think the fiat money system is BRILLIANT, just easy to corrupt. The corruption is the problem.
If we are on the gold standard people will dig gold, the work helps build the economy. Scarcity maintains prices.
With fiat, we print a "small" amount of money from nothing every year, use it to build bridges or spacecraft, the work builds the economy the same as mining. It actually stimulates the economy even more because bridges are more useful than gold. The magic of the universe.
Now that work can build useful things instead of mining more gold that will just sit in vaults. Most of the worlds gold is already in vaults by the way, an important point to consider. The vaults are mostly (if not totally) controlled by the people who gave you the FED btw. If we switch back to gold, after the rich spend thier gold hordes, will we go back to fiat? Will it start the whole shitshow again? Think 1933.
With a fiat system, the problems start when the money printed from nothing goes ANYWHERE but directly into projects that the people who use that currency want and need. Anything else, and it is the perfect tool to rob an entire nation. I just worry that going back to the gold standard at this point in time could start the whole shitshow over again.
HONEST FIAT WORKS BUT I THINK HONEST CRYPTO WILL WORK BETTER
It just needs to be lawyer, counterfeiter and politician proof.