Cryptos are a fucking scam to sucker people out of their money who think it'll replace fiat. It has no intrinsic value
Only sound money (silver and gold) can save us from eternal debt slavery because they are real stores of value
Get off Voat and start educating people about central banking. Go tell all your friends and family. Start a grassroots campaign to lobby congress to abolish the Fed and return to the Constitution
This is something liberals and conservatives can really rally around. Nobody likes being stolen from. Tell them why they should lobby hard for this. Hell, run for office if you think you can pull it off. Even if you don't get elected, campaigning is a great way to raise awareness. Worked great for Ron Paul. He woke up millions of people to the threat of the Fed
Focus on this one thing. Fuck everything else. We can come back and fight all the other shit later. If we don't end the Fed, there won't be any point in resisting the creep of multiculturalism, feminism, surveillance, endless war, degeneracy, etc.
These are distractions created by Jews to keep us from focusing on their source of power - fiat money
Kill fiat and everything else goes away with it
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[–] Sakusha 1 point -1 points 0 points (+0|-1) ago
When I go poo-poo, my unique turd isn't valued equal to the entire world's supply of gold just because it's one of a kind. Scarcity doesn't equal value. Demand equals value, and ordinary people no longer have a high demand for gold and silver. Bitcoin, however, is both scarce and in high demand.
[–] Kleyno 0 points 1 point 1 point (+1|-0) ago
A very poor example. Everyone can shit; everyone can keep their shit. It is not rare.
Also, scarcity does not equal unique either, so I am really not sure where you were going with the shit example.
Demand also does not equal value in and of itself. If supply of a resource is plentiful, then demand for that resource does little for its value, no matter its other qualities.
Gold is valuable because:
Demand for gold started from point 4 and the value increases because of the other points. Yes, humans had to collectively agree that gold had value, but demand does not exist in a vacuum. If gold were as plentiful as other metals, it would not be worth nearly as much as it is now.
[–] Waiyu_Dudat 0 points 1 point 1 point (+1|-0) ago
Bitcoin's and many other crypto's supply is finite also
Bitcoin's distribution will eventually stop creating new coins.
Extracting and processing crypto is costly and time consuming as well.
Crypto is also divisible, immutable, verifiable (verify that actual "work" was accomplished), "malleable" (though malleability in metals as a currency is only important for "divisibility", or paying with a fraction of a gold piece/bitcoin).
It meets all the criteria of tangible currency, just in digital mathematical representation.
There are antiviral, antifungal, antibacterial properties to some metals, others are good for conductivity, and their slow degradation helps for a currency, but our digital marketplace moves so fast now, we need money that can keep up.