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35
Non Fiat Coins (media.scored.co)
posted 1 year ago by BeNotAfraid on scored.co (+0 / -0 / +35Score on mirror )
6 comments
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6 comments:
14
GoldenInnosStatue on scored.co
1 year ago 14 points (+0 / -0 / +14Score on mirror ) 1 child
>backed by gold

i sleep

>backed by goyslop

real shit
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2
Brannvesen on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
"Backed by" is in itself flawed, here we must ask what's wrong with using gold in the first place. As gold itself has value for various reasons, while "gold backed (((fiat)))" means we gotta trust someone to always provide the 1:1 backing, which by design is a bad business model that'll cost more than it'll ever generate. Hence the birth of the (((fiat scam))) through the (((federal reserve))).
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4
Weematanyeh on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror )
Does a big mac really have value? It's more poison than nutrition.
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4
PolandCanIntoSpace on scored.co
1 year ago 4 points (+0 / -0 / +4Score on mirror ) 1 child
I think it's called commodity currency
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3
Brannvesen on scored.co
1 year ago 3 points (+0 / -0 / +3Score on mirror )
Or just "money", money itself should be a commodity while currency can be something else. Including fake money.
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2
derkevevin on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
Burgers (Americans) even have Burger money now u/#topkek
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