How Bitcoin Memes are Destroying the Legitimacy of the Dollar

Join us today with the MEMTARDS reviewing EPIC memes!!! New article by the Finacial Times released asking to “please stop calling dollars ‘fiat money,’ currencies are not memes that only have value because governments say they do…” Clearly meme warfare is exposing the lie that is fiat and the central bankers don’t like it ! Let’s keep getting under their skin because they’re FREAKING OUT! Good job memetards!

Daily Fail Sources

BTC Daily News Sources

Let’s all please stop calling dollars ‘fiat money’

Sometimes it’s possible to simplify something too much. More than a decade ago Ben Bernanke, then chair of the Federal Reserve’s Board of Governors, sat down for an interview with 60 Minutes, the television show that important Americans call when they have important things to say. https://www.ft.com/content/5e5b2afb-c…

Reserve Requirements

The following content explains the Board’s authority to impose reserve requirements and how reserve requirements were administered prior to the change in reserve requirement ratios to zero. Additional detail on this reserve requirement regime can be found in the archived Reserve Maintenance Manual: HTML | PDF.

The Federal Reserve Act authorizes the Board to establish reserve requirements within specified ranges for purposes of implementing monetary policy on certain types of deposits and other liabilities of depository institutions. https://www.federalreserve.gov/moneta…

https://fred.stlouisfed.org/series/M1SL

Updates

✔ RUST LIGHTNING V0.0.100 RELEASED
https://github.com/rust-bitcoin/rust-…

Special Guests


► @Gegelsmr2: https://twitter.com/gegelsmr2
► @weinicus: https://twitter.com/weinicus?lang=en
► @lc_hodl: https://twitter.com/lc_hodl?lang=en
► @janetYstackx: https://twitter.com/janetYstackx

Sponsor

✔ Crypto Cloaks: For all of your 3D printed needs: Bitcoin Node Cases, Lightning Network Code Cases, BTC keychains, coasters, 3D Printed Honey Badgers, wallet mounts and a whole lot more !

http://www.cryptocloaks.com?afmc=2h&u…

✔ Citadel21: A Bitcoin cultural zine. Bitcoin culture is rich and varied. It contains a multitude of voices, opinions and flavors. Together they form what is seemingly chaos, but with an abundance of signal. Citadel21 aims to curate this chaos and put some of the best, coolest and weirdest pieces of raw signal on display. Get the latest copy of Citadel 21 while supplies last only 1000 of each volume are made. ► https://www.citadel21.com

✔ Join our Telegram, Give us Memes to Review!
https://t.me/TheSimplyBitcoinChannel

✔ Follow Us!
https://twitter.com/SimplyBitcoinTV
https://twitter.com/BITVOLT7
https://twitter.com/Coinicarus

✔ Special Thanks to these Awesome Bitcoiners:
https://bitcoin.clarkmoody.com/dashbo…
https://t.me/nobullshitbitcoin
https://twitter.com/DocumentingBTC

✔ Descriptions & Thumbnails by, Meg:
https://twitter.com/btcmeg

► We are a proud supporter of Bitcoin pleb businesses. DISCLAIMER:

All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Simply Bitcoin
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Start typing and press Enter to search