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And I would put gold and diamonds in the same bin as cryptocurrencies - a waste of resources that achieves very little good, beyond their industrial uses. Stock
by gefh 9y ago
And I would put gold and diamonds in the same bin as cryptocurrencies - a waste of resources that achieves very little good, beyond their industrial uses.
Stocks are headed that way. The original use of providing capital to productive enterprise has waned.
Paper money is still overwhelmingly used to facilitate legitimate trade, though obviously on a decline.