What is Nostr?
pailakapo / pailakaPo
npub17cw…alhd
2024-07-17 02:40:03
in reply to nevent1q…39sc

pailakapo on Nostr: Cash is dirty fiat, and just an IOU, so *you* trading it for actual money is good for ...

Cash is dirty fiat, and just an IOU, so *you* trading it for actual money is good for *you*.

Extrapolated out to the extreme, if *everyone* does this, then the FED ends up with the dirty fiat, and the *people* end up with the actual money.

if the FED is left holding the bag of USD IOUs, then the universe wins.
Author Public Key
npub17cwgazyy9ahc0fu2cslql8w5csxg77zramt9rzel09yvxvrjk2eqntalhd