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Theory of Money
71 sats \ 11 comments \ @Hamstr 18 Jul 2024 conspiracy
If you're like me, I believe eventually this Promissory Note system has to collapse. If it comes to a point when people cannot afford their own rent, food, payment etc. Then it's pointless to even work given 70% is taken or more. When it does collapse, what do you think will replace it?
Bitcoin; duh!57.1%
silver and gold coin0.0%
certificate backed by gold/silver 0.0%
other (please explain)42.9%
7 votes \ poll ended
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33 sats \ 4 replies \ @ContraMundum 18 Jul 2024
CBDCs of course. At least in America. But who knows with the Trump/Vance Administration, it could be Bitcoin and that would be amazing.
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23 sats \ 3 replies \ @Hamstr OP 18 Jul 2024
You know American nationalist wouldn't be subjected to CBDCs, right? As it's considered federal money.
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23 sats \ 2 replies \ @ContraMundum 18 Jul 2024
Interesting.
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10 sats \ 0 replies \ @Bell_curve 19 Jul 2024
depends on your definition of nationalist
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0 sats \ 0 replies \ @Hamstr OP 18 Jul 2024
Subscribe to @Lux post, he likes to post in the saloon, so you won't find him too much in territories. Drops pills daily #586916
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10 sats \ 0 replies \ @watchmancbiz 19 Jul 2024
It will be combination of all!!!
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10 sats \ 0 replies \ @Bell_curve 19 Jul 2024
eCash backed by bitcoin Liquid backed by bitcoin
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10 sats \ 3 replies \ @Satosora 18 Jul 2024
But if you dont work, you would be in even worse of a situation...
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10 sats \ 2 replies \ @Hamstr OP 19 Jul 2024
isn't that why we have bitcoin?
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23 sats \ 1 reply \ @Satosora 19 Jul 2024
Bitcoin doesnt just appear out of nowhere.
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0 sats \ 0 replies \ @Hamstr OP 19 Jul 2024
true, but people working to earn BTC would be the same like it did back in the day. Even if you worked at mcD.
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