Post #1660003
2026-04-25 07:04 UTC
It's also pretty telling that all the crypto stuff is always measured in dollars. That said using usd does overall make money for the US by seigniorage.
Replies (2)
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@Typotyper@sh.itjust.works 2026-04-25 08:31
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@Furbag@lemmy.world 2026-04-25 17:10
That's what I always tell people. A bitcoin or etherium or dogecoin or whatever they have is essentially valueless because it can't be exchanged easily for goods and services. 100% of it's value is derived from how much real, useable money you can exchange it for and nothing else.