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Trusting a bunch of people to print money is a bit too much, isn't it?
But what would you if you could actually print legal tender(real dollars) for a day?
133 sats \ 2 replies \ @DarthCoin 7h
DESTROY IT so no one can ever print more anymore.
legal tender(real dollars)
you have no idea what is legal tender nor dollars
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I see you're not giving in to temptation ๐Ÿ˜…
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125 sats \ 0 replies \ @DarthCoin 7h
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115 sats \ 1 reply \ @jasonb 6h
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Perfect comment๐Ÿ˜…?
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The vast majority of fiat money is created when people take on debt to a bank.
Physical cash is the only fiat money that is debt free.
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So to say, electronic cash is more fiat-er?
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The money you have in the form of a deposit in a bank is a bank IOU for physical cash.
If you take on debt to a bank they create new IOUs for physical cash out of thin air.
This is how over 90% of fiat money in circulation is created.
Physical notes and coins are the only fiat money that is not issued via debt.
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Nothing ok, I lied. Iโ€™d break it.
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Don't be shy, nothing you'd do that hasn't already been done or is being done.๐Ÿ˜‚
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Man office space is awesome
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