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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.satoshishop.de/users/mk/statuses/113905127511879563">mk (mk@mastodon.satoshishop.de)'s status on Tuesday, 28-Jan-2025 17:51:57 JST</a><a href="https://mastodon.satoshishop.de/@mk" title="mk@mastodon.satoshishop.de"><img src="https://gnusocial.jp/avatar/78235-48-20221221014052.webp" width="48" height="48" alt="mk" style="position: absolute; left: 0; top: 0;">mk</a><div><a href="https://noauthority.social/@ThatCrazyDude/113905103004177524" rel="in-reply-to">in reply to</a><ul><li><li><a href="https://gnusocial.jp/user/237595" title="magicalthinking@noauthority.social">🌈Magical Thinking</a></li></ul></div></section><article><p><a href="https://noauthority.social/@ThatCrazyDude">@ThatCrazyDude</a> <a href="https://noauthority.social/@magicalthinking">@magicalthinking</a> </p><p>how is this different with fiatmoney $usd? the usa empire has been printing the shit out of it in the past 50years and it lost more than 98% of it's purchasing power to gold.</p><p>yes.. you use fiatmoney only for quick trades and then get back into actual stuff that hold value.</p><p>this is not a new concept.</p><p>1912<br>john pierpont morgan</p><p>"gold is money. everything else is credit."<br><a href="https://www.investmentoffice.com/Observations/Macro_Observations/Gold_Is_Money_Everything_Else_Is_credit.html" rel="nofollow noreferrer">https://www.investmentoffice.com/Observations/Macro_Observations/Gold_Is_Money_Everything_Else_Is_credit.html</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4463144#notice-8736674">In conversation</a><time datetime="2025-01-28T17:51:57+09:00" title="Tuesday, 28-Jan-2025 17:51:57 JST">about a month ago</time> <span>from <span><a href="https://mastodon.satoshishop.de/@mk/113905127511879563" rel="external" title="Sent from mastodon.satoshishop.de via ActivityPub">mastodon.satoshishop.de</a></span></span><a href="https://mastodon.satoshishop.de/@mk/113905127511879563">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: www.investmentoffice.com</div><h5><a href="https://www.investmentoffice.com/Observations/Macro_Observations/Gold_Is_Money_Everything_Else_Is_credit.html">Gold Is Money. Everything Else Is credit.</a></h5><div> from <span>Didier Darcet</span></div></header><div></div><footer></footer></article></li></ol></footer></blockquote>

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mk (mk@mastodon.satoshishop.de)'s status on Tuesday, 28-Jan-2025 17:51:57 JSTmk
in reply to
- pat
- 🌈Magical Thinking
@ThatCrazyDude @magicalthinking
how is this different with fiatmoney $usd? the usa empire has been printing the shit out of it in the past 50years and it lost more than 98% of it's purchasing power to gold.
yes.. you use fiatmoney only for quick trades and then get back into actual stuff that hold value.
this is not a new concept.
1912
john pierpont morgan
"gold is money. everything else is credit."
https://www.investmentoffice.com/Observations/Macro_Observations/Gold_Is_Money_Everything_Else_Is_credit.html
In conversationabout a month ago from mastodon.satoshishop.depermalink
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1. Domain not in remote thumbnail source whitelist: www.investmentoffice.com
  Gold Is Money. Everything Else Is credit.
  from Didier Darcet

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