175
Cryptic Currency
(lemmy.ca)
Me:
Cashier: Is this a 20?
Me: ... perhaps...
Can we replace NFTs with cryptids too!?
Non-findable trolls
That's called modern art...
Can somebody explain to me why cryptobros call regular money "fiat" and thus imply that their made up computer currency has actual, tangible value (which it doesn't).
Isn't fiat a car manufacturer?
Fiat money is money that is not backed by precious metals and since gold standards have been abolished in every country, technically every currency is fiat. Fiat, in Latin, is the third-person singular present active subjunctive form of the verb fio which means "to become" or "to happen", for example the phrase "let there be light" would be "fiat lux" in Latin.
Hah! They called me a fool, but I knew keeping all these rocks would come in handy! One even contains arsenic!
(It's never handled without gloves, kept separate, and in a bag. I am very fucking careful with that Bumblebee Jasper, and didn't know at the time that it could be highly fucking toxic in some cases. Google your minerals! It might be a dangerous pretty!)
this post was submitted on 20 Jun 2024
175 points (98.3% liked)
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