Strange thing is when I googled it, just this X post appears and a different bank name has links ( but not regarding bankruptcy). When I use Duck Duck Go, I get Bank stories that match the bank's name. Something about changing who's in charge back in May. Might be something to the story if Google is hiding the name...
Right, and that's the point: western currency is issued by people, like you and me, and is backed by nothing. Your first assertion is very true – as well as the fact that there is a mass agreement to use and trade fiat currencies.
Yeah, this one tweet seems to be the only data point making this claim.
Strange thing is when I googled it, just this X post appears and a different bank name has links ( but not regarding bankruptcy). When I use Duck Duck Go, I get Bank stories that match the bank's name. Something about changing who's in charge back in May. Might be something to the story if Google is hiding the name...
Dang, the commies have nicer cars than I can afford. Fuckin federal reserve fiat currency...
Protect yourself from this scenario by using unstoppable money known as Monero and be your own bank.
https://moneromeans.money/
This might be safer
The reason fiat has value is because there is a giant mafia that will smash your skull if you try to do anything that goes against it.
The reason Monero has value is because you can use it to transfer value around the world instantly.
What you posted is a piece of paper that anyone can print and has no backing, thus worthless.
Right, and that's the point: western currency is issued by people, like you and me, and is backed by nothing. Your first assertion is very true – as well as the fact that there is a mass agreement to use and trade fiat currencies.