Peter Thiel sat down with @bariweiss for his first post-election interview. The Silicon Valley legend revealed what really happened behind the scenes. And why 2024 wasn't just an election - it was a revolution:🧵 - The Great Awakening - Where We Go Qne, We Go All!

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Peter Thiel sat down with @bariweiss for his first post-election interview. The Silicon Valley legend revealed what really happened behind the scenes. And why 2024 wasn't just an election - it was a revolution:🧵 (twitter.com) 💊 RED PILL 💊

posted 33 days ago by catsfive (context) 33 days ago by catsfive +211 / -0

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– Mr_A 2 points 32 days ago +2 / -0

That's the common usage of the word "fiat" for currency: backed by nothing.

Crypto can be fiat, or it can be backed. Lots of details to make it one way or the other, or even a hybrid mix. But the securely distributed ledger, known as blockchain, is a prerequisite for any serious crypto.

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– motrhed3 2 points 32 days ago +2 / -0

Understood. That is what makes it more dependable than normal fiat currency.

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