Greentext

6312 readers

2804 users here now

This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

Be warned:

Anon is often crazy.
Anon is often depressed.
Anon frequently shares thoughts that are immature, offensive, or incomprehensible.

If you find yourself getting angry (or god forbid, agreeing) with something Anon has said, you might be doing it wrong.

founded 2 years ago

MODERATORS

Early_To_Risa

322

Anon describes currency (lemmy.world)

submitted 2 weeks ago by [email protected] to c/greentext

36 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] sugar_in_your_tea 13 points 2 weeks ago (1 children)

That's... not how that works. It runs on supply and demand, just like gold backed currency, but it's supply and demand for the currency instead of the underlying asset. If you want to control inflation/deflation, fiat is the way.

[–] [email protected] 2 points 2 weeks ago

Well I didn't really gave much of a thought when writing. I was narrowminded. This makes sense