Chris Hayes broke down a plan by Republican legislators to transfer billions of dollars of taxpayer money to owners of Bitcoin in exchange for their holdings.
Yeah, they do this regularly (see also 2008 for example). The devaluation/inflation of currency is a crucial tool for transferring wealth from the poor to the rich. That’s one of the fundamental reasons why crypto was developed.
Yeah, they do this regularly (see also 2008 for example). The devaluation/inflation of currency is a crucial tool for transferring wealth from the poor to the rich. That’s one of the fundamental reasons why crypto was developed.