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kinpolaj 1 point ago +1 / -0

How dare they try to support a system that falls outside of the central banks?! Fucking insurgents

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10lbsBass 2 points ago +2 / -0

If they understood money they would know crypto is fundamentally flawed and would have invested in Gold and Silver and waited for the coming revaluation.

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sillBag 1 point ago +1 / -0

Tell me how it is fundamentally flawed?

Specifically:

How is it any more flawed than traditional fiat currencies, or stocks in the real world stock market.

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10lbsBass 1 point ago +1 / -0

https://www.milesfranklin.com/the-seven-characteristics-of-money/

Fiat currency is not sound money. Unbacked crypto is digital fiat. The only thing that gives it value is people's confidence in it. That literally makes it a confidence game [con game]. Gold and Silver are TANGIBLE assets.

We have been conditioned to think of dollars in terms of value when dollars are just Gold and Silver substitutes. When that switch clicks in your head it is like a light bulb turning on.

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sillBag 1 point ago +1 / -0

Ok but you do realize that gold while yes it's a "tangible asset".. it is not truly usable

Let me put it this way

if the shit hits the fan enough that you need to try to use your gold... you likely would have been better off buying supplies and actual items rather than gold.

When it comes to purely investment and what is a better store of holding USD value... it's Bitcoin, and the past 10+ years prove it.