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Joined 1 year ago
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Cake day: June 10th, 2023

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  • A currency as a “negotiable instrument” only works because:

    A. Everyone agrees that it does,

    B. Because the controller of the currency has value with which to back the currency

    B is less important these days with Fiat currency, but A is essential.

    Unless you’re a country’s central bank, nothing you make as a “negotiable instrument” is going to be recognised as such - and even if it was, if you’ve no valuabke resource with which to back it up, it’s worthless, so nobody would want it.

    I feel sorry for these people because I do get the sentiment behind it. They feel like they’re being screwed over and want a way to fight back - but if it were this easy, everybody would be doing it.





  • Exactly.

    People think they’re rich when they’ve won the lottery, and sure they are compared to the average person, but they’re just a fly on the wall in comparison to the ultra-wealthy.

    I simply don’t believe one can become that wealthy by any honest means - you can’t work to get that wealthy, you can’t win to become that wealthy, hell there are plenty of entire countries with less money than some of the ultra-wealthy.

    The fact that these people can play around with such an unimaginably absurd amount of wealth while so many more struggle, their wildest dreams but a fragment of a fragment of a fragment of what these people have, I find to be absurd.