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To: palmer

Good for you... does the guy with a pop-up roadside stand selling food in an emergency have the same kind of rig? If not, you aren’t going to be able to buy food from him.

Still can’t pay your mortgage though... Or buy gas? Or an airline ticket?

Weird... Almost like the only thing propping up your electron based currency is your FAITH that others will have as much value for your little number schema as you do...

Which is just like our fiat FRN’s minus the utility of still being able ot use it when the lights go out...


92 posted on 12/09/2024 6:55:50 AM PST by Dead Corpse (A Psalm in napalm...)
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To: Dead Corpse
All monetary systems are based on faith or force. Your meat world examples are valid enough, gotta eat something, especially in your doomsday scenarios. But the other use cases are still there, under the umbrella of web3. It's digital of course. When you look through them: https://www.fiverr.com/gigs/web3 you see a lot of self-licking ice cream cones. Lots of web3 services for sale to help other people start their own web3 pump and dump services.

I find this stuff to be interesting but I haven't kept up.

93 posted on 12/09/2024 7:10:26 AM PST by palmer (Democracy Dies Six Ways from Sunday)
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