A “cryptography reserve” costs despised money, shows why cryptography is money

Wise Sages internal any presidential management would temporarily sell each barrel of oil lately Shopd in the Strategic Petroleum Reserve. Forget a minute that there is nothing of political power or power in the Constitution, why the Satan would buy a global product that, to be global, is available and everywhere in a global value in a market?

If the answer is that nations can see us as they did in the 1970s, return to school. Or even greater, do not return to school. The 1970 embargo did not save the oil from achieving the United States. Embargoes are symbolic in opposition to the economy. No matter what is happening, the oil will flow.

What is true about oil is also true about cryptocurrencies. Why the hell of a presidential management or a garage of what is stored, which is stored digitally and throughout the world, should still be in a global value in a market?

It is added that if a strategic oil reserve vandals the fundamental economy, at least we can say that oil constitutes a genuine and consumable wealth. Digital cash is only virtual effective. It is not a wealth instigator, it is just a wealth effect. Why do the effects of the garage that are already back already have to have practically and with one click from the mouse?

However, the Trump administration is establishing a strategic Bitcoins reserve and an inventory of virtual assets. So that? What is strategic here? What would you do for us in an emergency? Although you eat dollars or silver substitutes such as gold, they are at least tangible. What is strategic of a government inventory of virtual parts?

What President Trump (or Trump supporters) can say that the strategy of a bitcoin asset reserve or virtual assets is that the federal passava can begin in the field of a massive investment opportunity. Do you know that Bitcoin is limited to 21 million pieces? They can only miss it!

Ok, if we do not know the historical volatility of Bitcoin in the two instructions, as well as the harmful madness of the government investor, if we do not care that the government is right or not in the long execution of the cryptography, and if we can forget how the preservation of the presentation of the presentation of the presentation of the presentation and the update of which it cannot forget the strategic conception of a strategic virtual reference. Crucial on the past point is that it would be equally true if the reservation moves in the price as if the reservation were to collapse.

Whatever the direction in which cryptography goes, that there is a discussion discussed exposes how much cryptocurrencies are limited as an exchange support. This is how once back a wealth effect. Nothing else.

Silver circulates anywhere in genuine wealth is like a mirror of the wealth produced. Translated, Money’s only objective is an agreement on the price of wealth manufacturers that allows them to exchange an almost equivalent price wealth with others. Yes, products for cash with cash as a measure that facilitates heritage exchange.

Returning to the reserve of virtual portions, implicit in what triggers the explanation why the documents deposited in the “portfolio” of the virtual reserve pass, pass and more. If it is true, intelligent for those who leave the doors the property pass of virtual portfolios, and is a pity for other people who leave the doors with virtual wallets that suppose that portions collapse.

Anyway, what is volatile is against the grass. Precisely because products for products underlie all exchanges with “effective”, volatile or effective effective that goes in a direction fails as a means of change. This means that the most productive that supporters of a strategic virtual reserve can expect is to raise the costs of virtual documents that reveal them as the opposite of cash, how intelligent someone can be intelligent to give the government budget to play so they can have more effective.

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