Is the US Dollar a Crypto Scam? ft. Peter St Onge

In this video, Peter St Onge discusses the difference between good and bad stablecoin models. The good model is backed by something tangible, ideally cash, while the bad model relies on algorithmic manipulation. Peter explains how central banks essentially operate like algorithmic stablecoins, with the Federal Reserve manipulating the price of tokens through interest rates and balance sheets. He also explores the concept of legal tender laws and how they play a crucial role in the fiat system. Tune in to learn more about stablecoins, central banks, and the world of crypto scams.

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20

Twitter - https://twitter.com/WallStreetSilv
Instagram - https://www.instagram.com/wallstreetsilver/
Telegram - https://t.me/s/WallStreetSilver
Facebook - https://www.facebook.com/Wall-Street-Silver-103206701843254

Hey guys! Let’s try and break 1,000 likes on this video!

Don’t forget to SUBSCRIBE to the channel if you enjoy the video, and don’t forget to hit the bell so you don’t miss any future uploads!

DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

#silver​​ #wallstreetsilver #gold #preciousmetals #silvergoldbull​ #Wall #Street #Reddit #Platinum #CurrencyReset #Reset #Silversqueeze #Fed #November2021 #2021 #worse #restart #financecommunity #stockexchange #inflation #preciousmetals #finance #banks #financecrash #gold #economy #money #economiccrisis #broke #credit #inflation #purchasingpower #systemchange #crisis #crash #marketing #insolvency #profit #bitcoin #Cryptocurrency #politics #media #stockmarket #stocks