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To: Rockingham

Nope. I’m pointing out reality. And you’re afraid to see it. Gold is NOT intrinsically valuable, dollar are NOT valuable, no money has residual value, so called crypto stable coins are just layering one fiction on another, just like gold backed dollars. And your beliefs are 100% wrong.


94 posted on 12/29/2023 6:05:35 AM PST by discostu (like a dog being shown a card trick)
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To: discostu

The market has currently ser the intrinsic value of gold at ~`$2,080 per ounce.


95 posted on 12/29/2023 6:14:17 AM PST by bert ( (KWE. NP. N.C. +12) Hamasci de is required in totalhe)
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To: discostu

Obviously, our discussion is at an impasse. I remain baffled though as to how you can think that the whisper of electrons that is crypto has more intrinsic value than a stack of gold coins.


99 posted on 12/29/2023 11:40:31 AM PST by Rockingham (`)
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