
USD Has Gone Full Potato
Have you heard the latest from the largest, most ridiculous digital currency in the world using the token symbol USD? They have plans (I'm not making this up) to issue over half a trillion dollars between now and June 2020. Not only is their worker proposal system a joke with their insider bankster buddies and crony contractors getting first dibs at the cash, they are going to use the funds to buy up their own debt! In the whole cryptocurrency space, I've never seen something so blatantly against the interests of the token holders. None of the existing holders have any effective governance over what they do next. No DAC or DAO. It's all centrally planned behind closed doors. I hear they even have pieces of paper which are used to represent the digital currency, but they are in the process of phasing those out.
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