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I don’t disagree. Crypto is neat but has no useful (legal) real world applications.
by dpiers 2y ago
I don’t disagree. Crypto is neat but has no useful (legal) real world applications.
- npoc 2y agoLearn about money supply inflation and its enormous dilutive effects on the value of each currency unit. https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL
- r2_pilot 2y agoLol as if BTC or any cryptocoin is a store of value(instead of speculative tulips). One of the reasons why I refuse to accept crypto as money.
- npoc 2y agoRegardless, take my advice
- r2_pilot 2y agoI took macro in college, I'm pretty well aware of the extent I do not care about fiscal policy. I even was basically mining bitcoin practically from the start (within months of the launch) for less than a week(and have subsequently destroyed the maybe half BTC I generated) before realizing that I had no desire to contribute to that particular mind virus. Money is close to the worst aspect about humans.
- npoc 2y agoFiat currency is the worst aspect about humans. Money is simply a natural and far more efficient progression from barter and the associated coincidence of wants problem. If you mined bitcoin from the start and then abandoned it, it proves you know very little about what money is at all.
- r2_pilot 2y ago> If you mined bitcoin from the start and then abandoned it, it proves you know very little about what money is at all. Every single crypto bro I tell this to always has the same reaction and that does nothing but vindicate my position to me. Thanks for making my week.