4 ms·
Or fiat currency in general. Let's not pretend modern fiat is backed by something solid. The only thing backing it these days is the promise of our grandchildre
by jesusthatsgreat 3y ago
Or fiat currency in general. Let's not pretend modern fiat is backed by something solid. The only thing backing it these days is the promise of our grandchildren & their grandchildren being good to pay back debt, eventually.
- davedx 3y agoAircraft carrier groups seem pretty solid to me
- defrost 3y agohttps://www.usni.org/magazines/proceedings/2010/january/fortress-sea-carrier-invulnerability-myth https://www.usni.org/magazines/proceedings/2010/january/fort... Regularly sunk in joint exercises and simulations: https://theaviationist.com/2015/03/05/us-aircraft-carrier-sunk-by-subs/ https://theaviationist.com/2015/03/05/us-aircraft-carrier-su... https://www.eurasiantimes.com/entire-us-carrier-battle-group-13000-personnel-were-sunk-to-bottom/ https://www.eurasiantimes.com/entire-us-carrier-battle-group...
- davedx 3y agoOP claimed "nothing solid", not "not backed by invincible firepower", but keep shifting the goal posts if it makes your bitcoin losses feel better!
- whateveracct 3y agoThe US has been continuously paying back its debts. It isn't hypothetical that we have been for decades, so it isn't "only" a promise.