- cross-posted to:
- nottheonion@lemmy.ml
- cross-posted to:
- nottheonion@lemmy.ml
cross-posted from: https://lemmy.bestiver.se/post/289657
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The looting of US treasure begins.
This reality is so fucking stupid. Let’s sell something of value to buy something that is only valuable if someone really wants it bad enough.
To be fair, gold is the same. It’s just more well established since it’s been around much longer.
Not defending this shit, just pointing out that gold is also only worth what people are willing to pay for it. That’s kind of how all markets work.
Make America Great Depression Again
What a great fucking idea. Let’s take a physical limited resource mineral and trade it for an untraceable and unregulated made up currency.
Holy shit I’m gonna have a stroke.
Well there it is. For anyone who believed that they were simply going to create a reserve to store already existing cryptocurrencies - that were confiscated by the federal agencies - and not spend federal dollars to bolster or hype up cryptocurrencies that are connected to the people in the administration, y’all are idiots.
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They don’t. It’s being floated. Trump said he’s going to create a reserve. Not an official act yet.
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Apparently, it does, as an act of E.O. that whole line concerns me - that they’ll use the budget to buy bitcoin while laying off workers and cutting social security.
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I didn’t know lemmy had so many brain broken crytpo losers
