wally 🟠💊🐇 on Nostr: I agree with the sentiment, but semantically, if “fiat” means “by decree”, ...
I agree with the sentiment, but semantically, if “fiat” means “by decree”, I’m not sure how most shitcoins are fiat. Their value is not decreed by some central authority but rather through market forces. Fiat is definitely a shitcoin though. 🤣💩🪙
Published at
2023-03-13 13:31:14Event JSON
{
"id": "9508fc3f9d828e485abd4a0efb71f52fea95457175c317f7030aad02a03a0e7e",
"pubkey": "99c1444b09ea0b46b7a0acff48f4f7aab2f9ec1ca711fcb8a182397693733235",
"created_at": 1678714274,
"kind": 1,
"tags": [
[
"e",
"c5d7f887e18ee2663f65d05676167808b38580b65ede5599138479feb6e3146a"
],
[
"p",
"6e468422dfb74a5738702a8823b9b28168abab8655faacb6853cd0ee15deee93"
]
],
"content": "I agree with the sentiment, but semantically, if “fiat” means “by decree”, I’m not sure how most shitcoins are fiat. Their value is not decreed by some central authority but rather through market forces. Fiat is definitely a shitcoin though. 🤣💩🪙",
"sig": "21cce84ca9367ba5fe17115e9f377edb0f76dca42910ec58ce363d164c46748163667fe90711029c757208c251d8045ca8ef19c35e23b9d7efcdefa5edb87534"
}
