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RE: My story about Steemit for Backchannel: 'The Social Network Doling Out Millions in Ephemeral Money'

in #steemit7 years ago

Value of US dollar is seriously inflated as federal government is essentially bankrupt due to running solely on loaned money. Any government should run mostly on tax revenue for a currency value to be considered "realistic". Anyone still remember how low Italian lira was before they move on to using Euro? You would need bucket of coins just to make a local phone call on payphone.