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re: This person might have a point about crypto

Posted on 2/15/22 at 8:37 am to
Posted by Bunk Moreland
Member since Dec 2010
54399 posts
Posted on 2/15/22 at 8:37 am to
That is exactly what I have been saying. It was interesting how the libertarian bros freaked out by the Fed printing press moved from being hard asset goldbugs (which I understood) to something even more digital and less tangible -- crypto. But, hey, it's secure and finite, man, you just don't get it.
This post was edited on 2/15/22 at 8:39 am
Posted by Huge Richard
Member since Dec 2018
3743 posts
Posted on 2/15/22 at 5:13 pm to
quote:

Fed printing press moved from being hard asset goldbugs (which I understood) to something even more digital and less tangible -- crypto


Yes because all commerce is global and digital now. I don’t think Amazon is going to wait for it’s customers to mail them gold bars to complete a transaction.
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