(06-25-2025, 12:26 PM)SomeJackleg Wrote: crypto is only worth what you buy it with and cash it in with. when those take a nose dive unless you have a way to buy and sell with another that hasn't, you pretty much screwed.
What I find perplexing is what could possibly induce someone with something tangible - a lump of gold, an ingot of copper, a pile of donuts, etc. - to trade that tangible in for something as intangible and unsubstantial as cryptocurrency?
In other words, what sort of fantasy are people sold that would cause them to turn in "something" for "nothing", a fistful of weight for a fistful of air? How are they managing to convince people that the value of "something" has an equivalent value in "nothing"?
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“Trouble rather the tiger in his lair than the sage among his books. For to you kingdoms and their armies are things mighty and enduring, but to him they are but toys of the moment, to be overturned with the flick of a finger.”
― Gordon R. Dickson, Tactics of Mistake
― Gordon R. Dickson, Tactics of Mistake