Modern Monetary Theory summed up: The currency can have no real value as long as the issuer has a monopoly on “money”, thereby forcing people to use it. Problem is, each unit will continue to lose value, and those not endeared by the monopoly will lose purchasing power.
@alexstanczyk This implies only younger generations as possible buyers. It’s not that monolithic, and…what about investment companies? Also assumes selling has to happen and ignores inheritance. Oversimplified and not accurate.
@leadlagreport Got your email today titled “will the gold and silver crash bring back Treasuries as the risk-off trade of choice?”
Laughed then promptly deleted.
@DPGBehler This presupposes the idea/necessity of denominations. There’s only one Church. The one established by Christ through the apostles. Both visible and historical.
@operationdanish Thank you! Always thought this was cruel and no way it is God’s design. Same with creating a separate room to put the baby away from Mom. Again, no way that is God’s design. AND…the “sleep-training” is what “smart” people do! ��
@daveweisberger@JoeCarlasare Great point. Really tired of hearing how adoption is “co-opted” and anytime someone you don’t like buys BTC it “ruins it”.