10 sats \ 11 replies \ @Fabs 4 Apr \ on: One of the cheat codes I've learned—Geoarbitrage meta
Spending a strong currency in a country with a comparatively weaker currency is a hack nowadays? Really?
My parents regularly go to Thailand and are always amazed at how "cheap" stuff is over there, questioning why it can't be like that over here, too; but that's because they have a weaker currency, and the population is poor(er) in general.
I don't know, I feel like it's wrong though. You're essentially profiting off of someone else's shittier situation.
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21 sats \ 8 replies \ @Lux 4 Apr
You're essentially profiting off of someone else's shittier situation.
Or bringing them more money in their shittier situation and thus helping them. And not only money..
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0 sats \ 7 replies \ @Fabs 4 Apr
That's one way to try and justify it.
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21 sats \ 6 replies \ @Lux 4 Apr
to pay more for a shittier product/service is just retarded
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0 sats \ 5 replies \ @Fabs 4 Apr
I simply see it as a form of exploitation of someone else's situation, must be a morals-thing.
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121 sats \ 4 replies \ @Lux 4 Apr
So it's better to not help them at all? But who is the "exploiter" here, did you devalue their currency?
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0 sats \ 3 replies \ @Fabs 4 Apr
You're trying to make a point by going all-in on the "we're helping them" argument, but fact is: people don't think nor care about whether or not we're "helping" them with our consumerism, or not. That's it. People go there because it's pretty and cheap, not because they wanna do good.
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110 sats \ 1 reply \ @Lux 4 Apr
I grew up in a shittier place than western standard, and if it wasn't for westerners coming here because is pretty and cheaper, my standard of living would be much worse. I get your msg, but it's not that simple.
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0 sats \ 0 replies \ @Fabs 4 Apr
Good, then we can end it here.
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10 sats \ 0 replies \ @Fabs 4 Apr
And no, I didn't devalue their currency, neither do I profit off of it.
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0 sats \ 1 reply \ @DarthCoin 4 Apr
You are not eliminating fiat from this fucked up world if you continue to use it. STOP using fiat and you will see another world.
FIAT DELENDA EST
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10 sats \ 0 replies \ @Fabs 4 Apr
It's what the post's about, and thus, what I'm addressing.
The above holds true while spending bitcoin as well, for 0.1 BTC will buy me a shit-load more in Thailand than in my country.
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