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submitted 1 month ago* (last edited 1 month ago) by Hohsia@hexbear.net to c/doomer@hexbear.net

Or they do but I feel like the gravity of the statement alone never really registers

Was recently reading a book written a long ass time ago by some Brit where he talked about how a lot of the value in currency (coins and paper of the time) came from the fact that they were all tangible

And now wealth/money is completely digital. Of course the fed still prints shit, but with the amount of people who use Apple Pay/venmo to exchange “money” from person to person?

Actually, does anyone know what I’m trying to say rn? Is money just a Trojan horse?

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[-] robinnn@hexbear.net 20 points 1 month ago

Money represents value, it is not more fake now that it’s digital.

this post was submitted on 14 Jul 2024
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