Shell: 100000+ yrs Gold wearable: 3800 Gold & silver coin: 2400 Paper IOUs for gold & silver: 250 Pure fiat: 47 Cryptocurrency: avail. now
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Agree. Money for most of history was fiat. The metallic standard was a relatively brief and ineffectual delusion.
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Watch the money masters mate, goes over it in detail. What makes fiat unstable is unconstrained supply and debt-based issuance
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lol simply discard yr years of diligent, detailed research
@NickSzabo4 & instead rely on speculative fiction TV show https://en.wikipedia.org/wiki/Facepalm -
Feel free to look it up in any book that covers it. Should be obvious that no expert is right 100% of the time...
End of conversation
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#bullshit has a lot going for it: it's simple, unequivocal, final, excreting. A strong argument by smell. A bit light on finesse, but hey...Thanks. Twitter will use this to make your timeline better. UndoUndo
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