this post was submitted on 19 Jul 2023
1079 points (98.8% liked)

Memes

45635 readers
1235 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
1079
I wish it was satire. (lemmy.ml)
submitted 1 year ago by kaptaan_jack@lemmy.ml to c/memes@lemmy.ml
158 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] explodicle@local106.com 2 points 1 year ago (1 children)

Sorry if I implied the world in general has only gotten worse since then. I was referring to the money supply and its consequences.

Why do you say "most"?

[–] JohnDClay@sh.itjust.works 6 points 1 year ago (1 children)

Gold has some value from use in corrosion resistant cables, contacts, or telescopes, but it's mostly just an agreed upon store of value like any other currency

[–] explodicle@local106.com 2 points 1 year ago (1 children)

So it is worth something then.

[–] JohnDClay@sh.itjust.works 3 points 1 year ago (1 children)

I mean usd cash can be used for fire kindling. Both get the vast majority of their value from our collective decision to think that they are valuable.

[–] explodicle@local106.com 2 points 1 year ago

That's a quality of the paper it's printed on, regardless of denomination.