@MarcoToniut@wrajkoshik@TimBA2020XX@deingaraus@smdiehl the "print money" argument is always used when someone has no understanding of finance. they own the rights to the currency? what does that even mean lol.
also the MtG example is a false equivalence and hilarious when you consider what happened to mtgox.
@MarcoToniut@wrajkoshik@TimBA2020XX@deingaraus@smdiehl currencies cannot be investments. you cannot speculate on the price of something and also use it as a stable medium of exchange, especially when its value is derived in USD, which cryptards delude themselves into thinking they are "hedging against" with fartcoin.
@wrajkoshik@TimBA2020XX@deingaraus@smdiehl what do you mean by "the authorities?" and why would they debase money if they themselves use it? removing us from the gold standard did not repeal glass steagall or make the supreme court declare corporations are people.
@wrajkoshik@TimBA2020XX@deingaraus@smdiehl the qualities of money, like having absurdly high fees and being too complicated for anyone that hasn't spent their life in front of a screen to figure out?
coiners need to decide whether crypto is a medium of exchange, a store of value or a speculative gamble.
@wrajkoshik@deingaraus@smdiehl maybe its not the "banking system" at fault, maybe its widespread corruption at the highest levels of society and policies pushed by rich people that help them maintain power and fuck everyone else over.
crypto does nothing to solve this.
@czr5014 @JorgeStolfi@invidium0x except nobody uses it to send payments, they just invest grand sums of money into it hoping they get rich enough to compensate for their miniscule penis size by buying 17 lambos
@nooq___@Bitfinexed@sytaylor lol he has every right to make fun of cryptards while also profiting off their stupidity. at least he's honest that it's bullshit.