@TomSteyer That’s what they said 1913 when they introduced the income tax. it always affects everyone not just the rich. Maybe government can do better with the taxes they collect. It’s a spending problem.
@JustinWolfers@davidlin_TV Definitely not a shiny rock. It’s a precious metal on a periodic table with hundreds of real world uses. It’s a superior precious metal.
@XLERBonX@theswansjr Exactly that’s my point, it’s like fiat, you have to faith someone will accept it in the future, as it’s a future claim on real assets that you can make and do things with.
@GrantCardone I don’t believe it because it’s still like fiat, a future claim and real assets. You have to have faith that someone will accept it in the future for real things. Has final settlement risk.
@NeilJacobs It’s still like fiat, still a future claim on real assets. You have to have faith someone will accept it in the future. Has true final settlement risk.
@d_1awrence It’s not a commodity, super simple it’s a digital ledger that’s it. Bitcoin just like Fiat is still a future claim on real assets, has final settlement risk.