Comment on Diamond market
FlyingSquid@lemmy.world 5 weeks ago“Fine whatever” until someone thinks that the pretty rock that we used to base the entire financial system around is what we still should base it around, despite the fact that the whole economy could crash if someone digs a hole in the right place or develops some new refining technology.
AreaSIX@lemm.ee 5 weeks ago
The whole economy has already crashed multiple times, based on frivolous financial speculation on a massive scale with fiat currency. Gold, which is not a rock by the way, is at the very least finite so it inhibits the ability of these people to print fake money and burn it up, destroying people’s lives in the process. I’m not saying a gold standard would be preferable, but I do believe the question to be far more nuanced than “idiots wanna base money off of rocks, instead of just feels as we do currently”.
FlyingSquid@lemmy.world 5 weeks ago
Did you really just do an ‘um askshully’ because I called gold a rock?
AreaSIX@lemm.ee 5 weeks ago
So typical for you to just ignore the whole content of the comment pointing out your asinine argument thinking you’re conveying some deep reasoning, just in order to be able to reply to a tiny shred of it like an internet smart ass. Just Squid things, it turns out it’s useless to hope for you to say anything non-pathetic, that’s just who you keep insisting on being. Good for you big guy! Merry Christmas.
FlyingSquid@lemmy.world 5 weeks ago
That escalated quickly.