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"Regulations are NOT the solution to low-quality food. Bitcoin is." - this guy. (lemm.ee)

submitted 19 hours ago* (last edited 6 hours ago) by Irelephant@lemm.ee to c/techtakes@awful.systems

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[-] Maeve@kbin.earth 16 points 18 hours ago

Isn't all money fiat?

[-] kkj@lemmy.dbzer0.com 14 points 18 hours ago

Anything that isn't is just bartering.

[-] Maeve@kbin.earth 8 points 18 hours ago

Yes, or backed by actual PMs or other high-value assets. Which actually makes me wonder if those aren't fiat, too, considering artificial scarcity (De Beers and diamonds, for example).

[-] rockSlayer 12 points 15 hours ago

Beer is a legitimate currency, don't let anyone tell you otherwise

[-] Maeve@kbin.earth 2 points 4 hours ago

The way water supplies are currently (mis)handled, you're not wrong. Beer was developed as a sort of sanitation method, iirc.

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this post was submitted on 03 May 2025

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