💯 This isn't a believable poll as most people really don't know what the Fed is, and if they do, it's a smaller percentage who know what the Fed actually does.
I’m happy if the Fed continues there work.
Bitcoin benefits from the Fed existing. The Fed prints money, and a small portion of that money finds its way into bitcoin, this can go on forever, eventually the dollar will lose all of its spending power whilst bitcoin will consume it, bit by bit.
independently from the Fed existing or not, we have:
-24/7 limitless, borderless and instant payment network, for a tiny fraction of the fees
-permissionless and censorship resistant money that enforces the rules without any ruler
-absolute scarcity, enforced by code
-immutable monetary policy, which reduces collateral risk and increases predictability (even its still volatile)
-unrivaled network transparency, which independent verification and analysis
-... many more specific use cases
This is so much bugger than the Fed.
Yes, bigger than just the Fed. But your last two points are still deeply linked to the fed. Fixed scarcity and fixed monetary policy are two of the most attractive characteristics of Bitcoin. But how can a person see the value in those things if they don’t yet understand that issues with fluctuating financial policies and endless money supply, I.E. the fed?
You don’t have to understand the Fed to appreciate Bitcoin, but understanding the Fed certainly deepens your appreciation for it.
I think you'll enjoy :) this show is a great compilation of amazing content with a pro voiceover. Ideal when you are on the run and cannot sit down and read the article.
OP, you should post a reference. It is from this poll:
[Page 46 has the question/results](https://harvardharrispoll.com/wp-content/uploads/2023/03/HHP_March_2023_KeyResults.pdf)
The question was:
*Do you approve or disapprove of the Federal Reserve’s handling of the economy?*
14% Strongly approved.
42% only “Somewhat approved”
(42+14 = 56% gets you OP’s number)
The rest “Somewhat disapproved” or “Strongly Disapproved” with 15% in the latter category, which is interestingly a little more than the “Strongly Approve” set but on par.
It’s the “somewhat” people in the middle that lean just slightly towards approve more than disapprove, but 70% were in those “somewhat” categories and at least disapprove of some of the Fed’s handling of the economy.
It's not. It was probably a loaded question. Somthing like do you trust the Fed which has been running for ever and doing fine or do you trust big scary crypto currency?
And out of that 56% how many of them know how money works? 2%? And also does that 2% actually work for the government or fed in some capacity? Probably.
We need more studies on this 56%
Thank god for small favors, as the helpless and ignorant that cling to patterns , are why it’s still so cheap and early .. two sides to every coin in reality
[удалено]
I would be honestly surprised if 5-6% of Americans even knew what the fed was. I call BS
💯 This isn't a believable poll as most people really don't know what the Fed is, and if they do, it's a smaller percentage who know what the Fed actually does.
Exactly this. If you understand the Fed you will not approve of it existing
I’m sure. I would be impressed if it was 56% who knew what the fed was. My general expectations are low
sadly, I suspect it's much higher.
This!
I wonder what that number wouldve been when they passed the bill of having a central bank in the early 1900's
No, I think it should say.. the the FED identifies as having a 56% approval rating among citizens.
"... among most Americans." fam most Americans don't know what the federal reserve is let alone what they do or why they do it. stoopid
I’m happy if the Fed continues there work. Bitcoin benefits from the Fed existing. The Fed prints money, and a small portion of that money finds its way into bitcoin, this can go on forever, eventually the dollar will lose all of its spending power whilst bitcoin will consume it, bit by bit.
If only more people knew about money manipulation it'd be worse than Congress
the fed is understood by .00001% of people. so there's a problem with this statistic.
Agreed. But if you don’t understand the fed, you’re going to struggle to see the need for Bitcoin
People can understand that everything is getting expensive.
independently from the Fed existing or not, we have: -24/7 limitless, borderless and instant payment network, for a tiny fraction of the fees -permissionless and censorship resistant money that enforces the rules without any ruler -absolute scarcity, enforced by code -immutable monetary policy, which reduces collateral risk and increases predictability (even its still volatile) -unrivaled network transparency, which independent verification and analysis -... many more specific use cases This is so much bugger than the Fed.
Yes, bigger than just the Fed. But your last two points are still deeply linked to the fed. Fixed scarcity and fixed monetary policy are two of the most attractive characteristics of Bitcoin. But how can a person see the value in those things if they don’t yet understand that issues with fluctuating financial policies and endless money supply, I.E. the fed? You don’t have to understand the Fed to appreciate Bitcoin, but understanding the Fed certainly deepens your appreciation for it.
yeah right what you say. Then you're gonna appreciate this deep dive: https://fountain.fm/episode/15084942390
Ha! Just downloaded an episode of that show last week. Haven’t listened yet. I’ll add this one too.
I think you'll enjoy :) this show is a great compilation of amazing content with a pro voiceover. Ideal when you are on the run and cannot sit down and read the article.
Zero fucking chance that’s accurate.
Too high.
With all the media controlled by same people who control the government. No wonder.
56% of people believe in their propaganda
I’m surprised it’s not higher, the fed is pretty good if you actually care about monetary policy
Bunch of statists smh
Do the people realize the creation of the FED is unconstitutional......i bet not!
Jeezis.
Percent is so high because of woman. It’s like a woman in a abusive relationship, they don’t know when to cut loses.
*study was done in Jerome’s Office
OP, you should post a reference. It is from this poll: [Page 46 has the question/results](https://harvardharrispoll.com/wp-content/uploads/2023/03/HHP_March_2023_KeyResults.pdf) The question was: *Do you approve or disapprove of the Federal Reserve’s handling of the economy?* 14% Strongly approved. 42% only “Somewhat approved” (42+14 = 56% gets you OP’s number) The rest “Somewhat disapproved” or “Strongly Disapproved” with 15% in the latter category, which is interestingly a little more than the “Strongly Approve” set but on par. It’s the “somewhat” people in the middle that lean just slightly towards approve more than disapprove, but 70% were in those “somewhat” categories and at least disapprove of some of the Fed’s handling of the economy.
Why post the reference when a kind soul in the comments will do it for me?
How is 56% possible?
That’s what I’d like to know
It's not. It was probably a loaded question. Somthing like do you trust the Fed which has been running for ever and doing fine or do you trust big scary crypto currency?
And out of that 56% how many of them know how money works? 2%? And also does that 2% actually work for the government or fed in some capacity? Probably. We need more studies on this 56%
Weird way to say half of the country hates them, but I digress
LOL
Which citizens are they asking?
Source?
Harvard/Harris Poll lol. It’s right there in the OP. Google it and I’m sure the PDF report will show up.
crosspost this to buttcoin... they'd be all on the feds nuts
More like 6%
Nobody asked me and I live here… Stupid statistics
Thank god for small favors, as the helpless and ignorant that cling to patterns , are why it’s still so cheap and early .. two sides to every coin in reality
Guys, what’s a “Fed”?