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Gold for house (lemmy.ca)
submitted 9 months ago by n7gifmdn@lemmy.ca to c/memes@lemmy.ml

wood for sheep?

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[-] gimsy@feddit.it 6 points 9 months ago

The same can be said for banknotes, they are quite useless as paper, they are mostly valuable because people see them as valuable and perceptions can change

[-] ignotum@lemmy.world 6 points 9 months ago

I'm gonna start carrying houses, food and water in my wallet instead

[-] aStonedSanta@lemm.ee 2 points 9 months ago

Dragon ball had it right. Fuck storing Pokémon. I wanna carry around my house

[-] Ookami38@sh.itjust.works 1 points 9 months ago

Right, which is why using gold for a currency replacement is folly. They're both valued based on something other than their real world applications, so if you trust one to stay relevant, you should probably trust the second as well.

[-] Thief_of_Crows@lemm.ee 1 points 9 months ago

Right but at least bank notes are easy to use and don't require a scale.

[-] Track_Shovel@slrpnk.net 1 points 9 months ago* (last edited 9 months ago)

Crypto Bois reading this

this post was submitted on 28 Jan 2024
216 points (74.8% liked)

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