shutosha on Nostr: Well .. you don't need to take my word or any other source -- just look at the dollar ...
Well .. you don't need to take my word or any other source -- just look at the dollar bill .. it is a piece of paper .. does it has any value ? Even less if it created through a stroke of button .. I mean the computer generated dollars don't even have a serial number :-). .. money has no value .. neither it is designed to have ..
Now - me and you can debate that Dollar is NOT money - but it doesn't change the fact that DOLLAR is the MONEY and it has no inherent value .. it is not even an IOU.
And if you are telling me people in Gold standard ( before 1900 or 1971 whichever date suits) were better off .. than today .. then we have a major point of difference .. World has never been this good .. most my money converted to assets (#bitcoin) and chatter all day long on #nostr .. what else can I ask for :-)
Now - me and you can debate that Dollar is NOT money - but it doesn't change the fact that DOLLAR is the MONEY and it has no inherent value .. it is not even an IOU.
And if you are telling me people in Gold standard ( before 1900 or 1971 whichever date suits) were better off .. than today .. then we have a major point of difference .. World has never been this good .. most my money converted to assets (#bitcoin) and chatter all day long on #nostr .. what else can I ask for :-)