Luke Stokes avatar

USD Has Gone Full Potato

lukestokes

Published: 12 Oct 2019 › Updated: 12 Oct 2019USD Has Gone Full Potato

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.

Leave USD Has Gone Full Potato to:

Written by

Cofounded FoxyCart. Hive Witness. eosDAC launcher. FIO Managing Director. EOS Foundation. Voluntaryist. I want to help create a world we all want to live in. Please vote for @lukestokes.mhth

Read more #usd posts


Best Posts From Luke Stokes

We have not curated any of lukestokes's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From Luke Stokes