Its backed by the blockchain network and not by any governing body
Governing bodies I’ve been manipulating currencies since the Roman empire and using it to their advantage and screwing all the regular people using it. Same things going on with the stock market. It’s cryptocurrency‘s nobody’s in charge you’re just doing one thing with a third-party that you know is there based on their token. You can’t defraud anybody using block chain technology to borrow money.Governments will not be able to manipulate it or take control. Neither banks. All the scaremongering that you’re seeing in the media is really the rich people trying to drive people out of it so they could suck it all up. Think about that for a moment.
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In response to this post by Vtskier1)
Posted: 05/04/2021 at 10:06AM