[TomSwirly]

> The fact we have currency that fluctuates on a day to day basis despite not being tied to anything beyond our trust in the system is not much better of an argument.

Translation of what you wrote: "I've never really thought about economics for more than a couple of seconds, and therefore I cannot see the difference between the US dollar which literally supports a 21 trillion dollar economy and is guaranteed by the full faith and credit of the richest government in history, and a cryptocurrency backed by no one, which performs perhaps 0.01% of the transaction that the dollar does."

https://www.verywellmind.com/an-overview-of-the-dunning-krug...

[_57jb]

I'm quite familiar with the economics and it has served me well enough.

I'm talking about the actual systems and physical infrastructure.

I have been fortunate to work with some of these larger institutions which carry the "full faith and credit of the richest country in the world".

Save Dunning-Krueger in your back pocket, I learned that quite some time ago in college, you may not be finished with it just yet.

If you are serious about learning look into FedNet. Bump that against the white and yellow papers and you'll have a better understanding of what I mean.