Crypto Currency - Believers Only
ADA waking from its slumber thanks to it’s founder being mates with Musk and Trump and likely to be a big part of the shredded wheat headed clown’s so-called ‘crypto council’ (probably to be chained by Hulk Hogan). I mean, I’m not complaining as it’s suddenly gone up 150%, I just wish I had bought more fml.
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Posthumous review left by Amazon user “Peter S”
bosstrabs Montirex drawstring tracky bottoms make unsheathing the sword quick and easy.
What’s Worsty on about now?
Dollar bills, pound coins, whatever, fulfil the necessary functions of money, by the textbook definition:
Medium of exchange
Measure of value/Unit of account
Standard for deferred payment
Store of value
Also, the necessary characteristics
Fungible: its individual units must be capable of mutual substitution (i.e., interchangeability).
Durable: able to withstand repeated use.
Divisible: divisible to small units.
Portable: easily carried and transported.
Acceptable: most people must accept the money as payment (note that this is not true of your Dogecoins or whatever you’re pushing this week)
Scarce: its supply in circulation must be limited.
So fiat money is money, by the definition of ANY Economics textbook you would wish to read.
What you mean is fiat money has no intrinsic value, unlike gold or silver coins. It is not commodity money.
https://twitter.com/i/broadcasts/1yNGagvXrDrxj
Congratulations all believers
To the moooooon!
I can see this bull run being absolutely ridiculous tbh. The only positive thing to get from a Trump win frankly.
I finally made some profit from crypto because of the Trumpster. So that’s nice