Since the last real estate crisis in the US, real capital losses have been enormous. And so their smart uncles started thinking. How can we continue to print dollars, maintain our high standard of living and economic growth in all its sectors, and so that the dollar does not lose its purchasing power during the inflation process and continues to be in demand throughout the world? By losing the securities and real estate markets, of course, you can continue to return the printed volumes of money supply, but here it is not possible to avoid a real loss of capital and physical assets. And so they scratched their smart heads and came up with a very expensive, but physically unimplemented asset, then it was posted anywhere and everywhere and it not only grew in price, but also became the founder of a whole army of similar assets, without which, as it turned out, humanity cannot live can not! This army of various types of non-physical values performs the main task of maintaining the liquidity of the main world currency. Namely, it takes over a substantial chunk of the money supply that can be managed. After all, there is even an entrance through an exchanger, where real money is exchanged for something that can be used to purchase this or that thing (program code). This is somewhat reminiscent of MMM, only of a more global nature and with real explanations for those who do not understand that this is very necessary! This is blockchain! But the meaning remains the same! The main thing is to get out on time!!!
(And, in general, does anyone continue to believe that a brilliant Jap came up with a brilliant program?)
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