top | item 40093687

(no title)

cypress66 | 1 year ago

Gold was used as a currency for ages, and it's similar to bitcoin (limited amount with a bit of gold being mined every year)

discuss

order

dools|1 year ago

When currency was made using gold/silver it was also deflationary, which was a fucking nightmare for everyone except the very rich.

Ferret7446|1 year ago

> which was a fucking nightmare for everyone except the very rich

Citation needed.

monero-xmr|1 year ago

Working people could save money in a currency that didn’t inflate. If you start looking for signs of Bitcoin, you see them everywhere. Every convenience store near me has the option to buy BTC with a crypto ATM or point of sale system. It’s far easier for someone with some extra cash to buy crypto than stocks.