Conversation
Notices
-
Embed this notice
u know murican ponzi bad,wait till u find out who invented paper currency
-
Embed this notice
@MisterRogersSnapped @11112011 Gold? do you known how rare and hard it is to gain? thats where the worth comes from.
-
Embed this notice
@11112011 Why do you need someone to hold the gold or make paper currency in the first place?
Why is gold the standard, anyhow? What power does gold have? What makes gold innately valuable in a way that copper or iron are not innately valuable? Because it twinkles on Polly Pinkpantaloon's finger so pretty in the starlight? Why gold?
It makes no sense.
-
Embed this notice
@11112011 Paper currency is bad, too. It is a dishonest promissory note. Fiat. In a phrase, toilet paper.
When men allowed bankers to hold things of value and make a promise to let you buy things dependent on those valuables' fluctuating value it was already too late.
-
Embed this notice
@MisterRogersSnapped man if u back ur currencie wit gold ppl jus run to exchange paper for the gold, just aint habbening
-
Embed this notice
@MisterRogersSnapped @11112011 Well its scarce, which is needed for things to have value.
-
Embed this notice
@dcc @11112011
Does only its scarcity gives it value?
A knife made from gold won't hold an edge for long. A hammer made of gold will bend. A gun made of gold will explode (except in Goldeneye) why should this useless metal rule men's lives?
Why does it's scarcity matter? Uranium is scarce but I can say with honesty I'd rather not have any.
I am not being argumentative or disingenuous. I just think it's silly almost to the point of insanity.
-
Embed this notice
Gold's benefits are 3fold
1. Girls like it because it makes pretty sparklies
2. Gold doesn't corrode so it'll always be around once it's out of the ground
3. There isn't much gold and it's really hard to get.
Copper can make sparklies and can be allowed so it doesn't corrode much, but there's quite a lot of it.
Iron isn't sparkly, corrodes like crazy, and it's all over the damn place.
It makes sense, even if it isn't really a great set of reasons.
-
Embed this notice
@MisterRogersSnapped @11112011
get your first gold coin and feel it in your hand. it will change your opinion