bank blowups, business failures, valuations dropping, and digital 'currency' (dollars) disappearing is highly deflationary.
Then look to the below image.
Then, Gold-backed digital dollar.
Liquidity crises demand liquidity solutions -- XRP lawsuit seems close to closure, almost like it was beautifully orchaestrated/timed.
*i'm just spewing thoughts and connecting dots, not financial advice in the slightest.
If the truth shall kill them, let them die. Always learning & growing so never the same. Merely a humble student & no master.
Digital=Exists entirely in and is reliant on the existence of, cannot be withdrawn if the power ever goes out, therefore can never achieve the legal definition of actual money, unless you can claim you're God and can hold financially gold-backed digital "electrons" in your hands...can never be of any intrinsic value. Truth inarguable...period.
maybe you haven't heard of this cool thing called cash.
NOT to mention created primarily initially as a way via dark web to do heinous shit and hide. Only as good as the foundation, shit idea, gold backed is the shit, and THAT is the plan.
