What is Nostr?
Waethorn /
npub1ahd…6ee5
2024-08-21 23:00:11
in reply to nevent1q…y3pn

Waethorn on Nostr: Bitcoin prices have fluctuated in lockstep with the US dollar very much so every time ...

Bitcoin prices have fluctuated in lockstep with the US dollar very much so every time there's some economic impact. It isn't a "hedge against inflation" at all.

You clearly have never been to a farm co-op before either. These are the kind of people I make connections with. There's a lively barter system in exchange for essentials happening there. City folk enamoured with the latest Elon Musk-type speculations will never get it, and they'll be the first and worst when their technology fails them.

Gold didn't destroy money either - usury did. The ones that committed usury were the ones initially backing the financial system with gold and held onto the gold while they debased the currency and created interest on debts produced from nothing.
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