No. of Recommendations: 3
Help me here. What good is crypto stablecoin if there has to be $1 for each dollar created? Why not just use the dollar?"
My thought exactly. Crypto is supposed to be good for money laundering. I had previously thought
that transactions were untraceable, but in OP Wendy states that they are traceable, so not sure if that is on the plus side for the crypto crowd anymore.
And doesn't the crypto coin "mining" use an enormous amount of electrical power ?
The US not willing to update electrical infrastructure for the benefit of its citizens,
but maybe TPTB would be willing to upgrade the grid if it helps the crypto crowd have
a stable electrical power source, especially if the crypto lobbyists can up their $100 Million
lobbyist payout to the Congress critters.
Seems like Americans, and America, is accelerating toward the looney-bin cliff.
