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"Regulations are NOT the solution to low-quality food. Bitcoin is." - this guy. (lemm.ee)

submitted 1 week ago* (last edited 1 week ago) by Irelephant@lemm.ee to c/techtakes@awful.systems

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[–] Maeve@kbin.earth 18 points 1 week ago (15 children)

Isn't all money fiat?

[–] kkj@lemmy.dbzer0.com 18 points 1 week ago (13 children)

Anything that isn't is just bartering.

[–] Maeve@kbin.earth 10 points 1 week ago (12 children)

Yes, or backed by actual PMs or other high-value assets. Which actually makes me wonder if those aren't fiat, too, considering artificial scarcity (De Beers and diamonds, for example).

[–] rockSlayer@lemmy.blahaj.zone 18 points 1 week ago (1 children)

Beer is a legitimate currency, don't let anyone tell you otherwise

[–] Maeve@kbin.earth 7 points 1 week ago

The way water supplies are currently (mis)handled, you're not wrong. Beer was developed as a sort of sanitation method, iirc.

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