The so-called «US Dollar» — currency created by a group of enthusiastic revolutionaries after the overthrowThe British Crown’s legitimate authority in some parts of North America nearly doubled in price in just 24 hours.</strong>
This is extremely volatile and not backed by anyWith real assets, the currency, which for some reason has recently become quite widespread around the world, has suddenly grown to a value in bitcoins that has not been observed since the end of November.
Take a look at the price chart of this unstablecurrencies — Isn't it immediately obvious to any reasonable investor that a bubble is forming that is not based on any fundamental value, or even worse? financial Pyramide!
In recent days, this one is known for its harsh andThe currency suddenly soared in dangerous swings against Bitcoin, causing significant turmoil in the world's largest foreign exchange markets in Japan, Slovenia and China. At the peak of this inexplicable rise, the US dollar was worth as much as 0.00182 bitcoin — We have not seen such a price per unit of this pseudo-currency since November 25, 2013.
Dollar, or «buck», as it is sometimes calledaffectionately called by rabid fans, remains an extremely controversial and contradictory phenomenon. Its critics point out significant and fundamental flaws, such as the fact that this non-digital currency is, oddly enough, printed in unlimited and ever-increasing quantities. Also, instead of a reliable and well-known crypto-algorithm, the volume of its issuance is somehow regulated by a secret group of so-called “central bankers” who are not accountable to anyone. Finally, everyone knows that this particular currency is widely used throughout the world for criminal activities, and dollar cash is completely anonymous, which certainly causes increased concern for law enforcement.
This is not the first time such a thing has been observedthe rapid rise in value of this volatile and controversial currency. So, on April 10 of this year «bucks» up over 60% against Bitcoin in just one day! However, these rapid rises are very deceptive: after each such sharp rise, which rightly evokes the associations of a “bubble”, the currency then constantly depreciates, losing an average of 90% of its value per year in relation to Bitcoin.
Experts do not recommend any long-terminvestment in the US dollar, since this unreliable currency is constantly losing value in the inexorable process of inflation. — and this has been going on for 227 years in a row!
: coinion
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