Kaptaan Jack to [email protected] • 1 year agoI wish it was satire.lemmy.mlimagemessage-square159fedilinkarrow-up11.09Karrow-down113
arrow-up11.07Karrow-down1imageI wish it was satire.lemmy.mlKaptaan Jack to [email protected] • 1 year agomessage-square159fedilink
minus-square@[email protected]linkfedilink2•1 year agoSorry if I implied the world in general has only gotten worse since then. I was referring to the money supply and its consequences. Why do you say “most”?
minus-square@JohnDClaylink6•1 year agoGold has some value from use in corrosion resistant cables, contacts, or telescopes, but it’s mostly just an agreed upon store of value like any other currency
minus-square@JohnDClaylink3•1 year agoI mean usd cash can be used for fire kindling. Both get the vast majority of their value from our collective decision to think that they are valuable.
minus-square@[email protected]linkfedilink2•1 year agoThat’s a quality of the paper it’s printed on, regardless of denomination.
Sorry if I implied the world in general has only gotten worse since then. I was referring to the money supply and its consequences.
Why do you say “most”?
Gold has some value from use in corrosion resistant cables, contacts, or telescopes, but it’s mostly just an agreed upon store of value like any other currency
So it is worth something then.
I mean usd cash can be used for fire kindling. Both get the vast majority of their value from our collective decision to think that they are valuable.
That’s a quality of the paper it’s printed on, regardless of denomination.