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Gold for house (lemmy.ca)

submitted 10 months ago by [email protected] to c/[email protected]

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wood for sheep?

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[–] [email protected] 8 points 10 months ago (4 children)

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

[–] [email protected] 8 points 10 months ago (1 children)

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

[–] [email protected] 4 points 10 months ago

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

[–] Ookami38 1 points 10 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.

[–] [email protected] 1 points 10 months ago

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

[–] [email protected] 0 points 10 months ago* (last edited 10 months ago)

Crypto Bois reading this