• shortwavesurfer@monero.town
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    8 months ago

    People might actually realize that the entire fiat money system is a giant scam and switch to using something real such as gold, silver, bitcoin, or Monero since they are actually scarce and can’t be manipulated by a central government and devalued to hell.

    • Tja@programming.dev
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      8 months ago

      Yes, that’s the future. Let’s all switch to bitcoin, so only 6 people can buy things every minute, worldwide.

      • shortwavesurfer@monero.town
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        8 months ago

        I actually don’t like Bitcoin particularly well because of its transparency and so I personally use Monero. which due to its dynamic block size can support more transactions per second.

        Edit: Bitcoin can do seven transactions per second or 420 transactions per minute. So while I get you, six transactions per minute is an exaggeration to the downside.

    • Blue_Morpho@lemmy.world
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      8 months ago

      20% of global gold production is in control of China and Russia. Russia can dump gold on the market whenever they want to crash the price. Like in the 1990’s when gold was $300 an oz.