That’s what I always tell people. A bitcoin or etherium or dogecoin or whatever they have is essentially valueless because it can’t be exchanged easily for goods and services. 100% of it’s value is derived from how much real, useable money you can exchange it for and nothing else.
currency investors do exist. i know a dude who had more money than god and thought “huh, well let’s see” and now has more money than two gods because the fuck is lucky.
LifeInMultipleChoice@lemmy.world 5 weeks ago
boonhet@sopuli.xyz 5 weeks ago
Nobody invests IN the US dollar though. A currency is not supposed to be an investment.
Einskjaldi@lemmy.world 5 weeks ago
It’s also pretty telling that all the crypto stuff is always measured in dollars
Typotyper@sh.itjust.works 5 weeks ago
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Furbag@lemmy.world 5 weeks ago
That’s what I always tell people. A bitcoin or etherium or dogecoin or whatever they have is essentially valueless because it can’t be exchanged easily for goods and services. 100% of it’s value is derived from how much real, useable money you can exchange it for and nothing else.
HeyThisIsntTheYMCA@lemmy.world 5 weeks ago
currency investors do exist. i know a dude who had more money than god and thought “huh, well let’s see” and now has more money than two gods because the fuck is lucky.
BlackLaZoR@lemmy.world 5 weeks ago
If he’s making money consistently, then he isn’t lucky
LifeInMultipleChoice@lemmy.world 5 weeks ago
Owning a dollar is an investment
Etterra@discuss.online 5 weeks ago
Obvious troll is obvious.
Luffy879@lemmy.ml 5 weeks ago
Most sane .world world user be like
W98BSoD@lemmy.dbzer0.com 5 weeks ago
I wonder how much of Lemmy would disappear if I blocked .world
HeyThisIsntTheYMCA@lemmy.world 5 weeks ago
a lot of it.