USD Drops 12% Against Bitcoin: Is the Dollar Dying? (Op-Ed)
The Federal Reserve Note (FRN), also called the “U.S. dollar,” was dubbed the worst investment of the last century. As predicted, 2015 has seen the continued fall in value of the currency that was supposed to fuel an advanced economy. In the last 3 days alone, it has lost 12% in value against Bitcoin. Even more shocking is that in the last 100 years, a whopping 98 % of the FRN's purchasing power was lost. The ominous shadow on the future of the FRN is that it relies on trust – trust in a wholly centralized and largely unaccountable institution. Federal Reserve employees must be trusted not....
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