Great comment. I really appreciate your kind reply @meno
Fiat currencies are as you pointed out debt backed for the sole purpose of giving governments the ability to tweak said debt.
Isn't true, that whoever control debt - will control economy?
Quantitive easing is nothing more than the sneakiest way of overtaxing the constituency without them even realizing it.
I tried to understand QE and I'm failing. I've learned that new money can be "printed" only once there is debt to back it up. But QE doesn't seem to follow that rule ....
libra is just a digital representation of the Fiat system
Indeed. Especially if we take into consideration that it will be 100% backed by FIAT reserves. So those two will go hand to hand.
I also wanted to make some suggestion.
My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).
Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.
This way not only I would have a chance to read your publication, drop a comment but I will also `upvote it right away with almost 20k SP voting power (I also have almost 10k PAL tokens, which may give you some extra benefits is you're using PALnet.io)
Please let me know what do you think. This surely should sound like a interesting offer :))
Cheers, Piotr