[Satire] Introducing a New Token: USD !
1 min readJul 17, 2018
This new token is being used by over 1 billion vendors and businesses around the world!
- $4 Trillion Market Cap
- 100 % Centralized Ownership by the Federal Reserve with opaque rules and randomly shifting governance appointed by someone you probably do not like — But you can totally trust them not to screw you over ! (They care about you.)
- No ability to work with computer systems or smart contracts, handled using thousands of separate centralized proprietary closed bank frameworks which must be piecemealed together
- No central database to be able to track or trace payments so illegal activity can run rampant with no accountability
- Gigantic fees for all payments since there are tens of third parties taking fees on every small transaction including: Credit Card Companies and Credit Card Processors and Banks and Routing Systems and Bank Infrastructure Companies which all have staff and overhead
- Fees and transfer times wildly increase as transfer amount increases
- Always very difficult to transfer over borders
Invest now! Hold all of your wealth in this amazing new currency!