To be honest, the reason is most crypto enthusiasts truly do not understand what is taking place.

In fact, if you ask most will tell you that the Fed actually creates USD. They do not even understand what the Fed does. We know this from all the money printer go brr memes.

The Fed prints bank instruments, assets that cannot enter the broader economy by law. Find a cryptocurrency currency advocate or gold bug who understands this. They are few and far between.

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