In 1934, the US Treasury gave the Federal Reserve a bunch of non-redeemable gold certificates in exchange for handing over all of their actual gold.
These were basically the original meme coins, and the Fed still holds them 89 years later.
Over a decade ago the polymathic @maxkeiser decoded the financial market in a easy to understand manner. This same video can be used to help understand the recent issues with the crypto markets.
5 minutes worth your time.
Brilliantly consistent insights.