3 ms·

> Fiat is trash I'll gladly take that trash off your hands if you hate it so much

• spaceman_2020 4y ago
  Statistically, the majority of the world’s fiat IS trash. Most of the world’s currencies are not worth holding at all. You just happen to be born in a country that doesn’t have trash fiat - yet. But if you were born in Pakistan, Lebanon, Argentina, or even Turkey, you’d probably say that your fiat was trash.
  • dragonwriter 4y ago
    > Most of the world’s currencies are not worth holding at all. No currencies are worth holding (lending at interest isn’t holding.) Holding isn’t what currency is for.
    • spaceman_2020 4y ago
      Most currencies are also not worth lending at prevailing local interest rates. Currently, that also applies to apparently non-trash currencies like Euro and to some degree, USD.