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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 21:40:53 JST Bread up, Bro blackrock being all in for crypto is something to pay attention to.
It feels like they see it as a hedge against the USD puking.-
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 21:52:33 JST Bread up, Bro @IAMAL_PHARIUS diversifying in a financial sense is old language, fwiw. -
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Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Thursday, 19-Sep-2024 21:52:34 JST Chinese man ? #nobot @sickburnbro >unique diversifier
thank you cia -
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 22:40:16 JST Bread up, Bro @vic @IAMAL_PHARIUS The question to ask yourself is: "ultimately, what is a currency?" -
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Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Thursday, 19-Sep-2024 22:40:18 JST Chinese man ? #nobot @sickburnbro thank you cia -
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vic (vic@seal.cafe)'s status on Thursday, 19-Sep-2024 22:40:18 JST vic @IAMAL_PHARIUS @sickburnbro it's also not news that bitcoin is a shill currency -
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vic (vic@seal.cafe)'s status on Thursday, 19-Sep-2024 23:00:56 JST vic @sickburnbro @IAMAL_PHARIUS It's any symbolic thing you can convince some retard to believe is valuable while you trade it to him for his stuff that is actually valuable.
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 23:00:56 JST Bread up, Bro @vic @IAMAL_PHARIUS you wouldn't have it to trade with unless you also buy into the value as well though. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 23:01:55 JST Bread up, Bro @vic @ForbiddenDreamer @IAMAL_PHARIUS again the whole point of a currency is so that you don't have to throw in a chicken to a barter because you're out of eggs. -
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The Forbidden Dreamer (forbiddendreamer@poa.st)'s status on Thursday, 19-Sep-2024 23:01:56 JST The Forbidden Dreamer @vic @sickburnbro @IAMAL_PHARIUS But what if his valuable stuff becomes currency? -
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vic (vic@seal.cafe)'s status on Thursday, 19-Sep-2024 23:01:56 JST vic @ForbiddenDreamer @IAMAL_PHARIUS @sickburnbro Then we are bartering and nature is healing (or so we tell ourselves to cope with being in a lawless, warlord-infested wasteland) -
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 23:02:44 JST Bread up, Bro @vic @ForbiddenDreamer @IAMAL_PHARIUS the point is that it is a non-perishable, easily divisible store of value.
This is traditionally why gold was used.
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