What, no TRUMP or MELANIA coins?

The national scam is well under way. I can see how stockpiling crypto is going to be a major asset in the war on high grocery prices…

  • @Tencho@lemmy.world
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    291 month ago

    Strange, i thought reserve currencies were stored in stable assets that aren’t expected to fluctuate much, like the US dollar… Oh i think i see whats next.

    • @technocrit@lemmy.dbzer0.com
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      30 days ago

      stable assets that aren’t expected to fluctuate much, like the US dollar

      Constantly losing value isn’t the same as “stable”.

      • @jacksilver@lemmy.world
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        330 days ago

        I mean, actually yeah that graph does show a pretty stable value. Since 1980 it’s gone frome ~$2.50 to $1.00 at a pretty steady rate. For all the financial chaos over that period of time that’s a pretty straight line.

        While there is inflation, it’s been pretty consistently between 2-3% as targeted by the federal reserve, so basically the US dollar is doing what is being communicated, or in other words consistently performing.