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US Politics 20h
“Crypto is inflation-proof” mfers when they see the price of their coin fall 99.9% in one day after it got rug pulled by Hunter fucking Biden
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Anonymous 20h

Anyone who bought that coin is actually mentally deficient

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Anonymous 20h

“paper money is great for society” mfers when they see the argentinian peso is worth less than a thought

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Anonymous replying to -> #2 20h

Yeah fiat currency (and gold-backed too) are really dependent on people’s faith in the government Commodity backed is resistant to inflation but like the government can literally just say “oh yeah it’s only worth 0.5 golds now” if they’re broke

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Anonymous replying to -> OP 19h

completely missed the point

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Anonymous replying to -> #2 18h

*makes a shit point* “completely missed the point” lol

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Anonymous replying to -> #2 18h

also

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Anonymous replying to -> #3 17h

no, this is literally the point. Whether or not cryptocurrency has the ability to withstand inflation or even work as a wide scale currency is completely separate from the Hunter Biden thing. Just like how me talking about Argentina’s current economic crisis is irrelevant to the conversation of paper currency as a whole. Put on your thinking cap you’ll get it

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