Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2025 Poal.co

945

And of course there's a war with Russia, which might try to destabilize the western economies and monetary system if that's possible.

Shouldn't the prices for those commodities be sky-high because everyone tries to hedge against inflation as well as the looming monetary crisis? Why isn't that the case?

And of course there's a war with Russia, which might try to destabilize the western economies and monetary system if that's possible. Shouldn't the prices for those commodities be sky-high because everyone tries to hedge against inflation as well as the looming monetary crisis? Why isn't that the case?

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (124).
[–] • 1 pt

crypto needs a fully working stable society

Nothing could be further from the truth. It was born out of chaos and uncertainty.

[–] • 3 pts

.....where there is constant electricity and no troops in your front yard

[–] • 1 pt

If there are "troops" in your front yard, no currency would have value.

[–] • 1 pt

I disagree- if enemy troops are in your front yard, lead suddenly becomes one of the most valuable substances in existence!

Hm, have gold bullets ever been used? I imagine some rich nobleman with too much time/money on his hands tried. Probably doesn't work too well- I envision the explosion heating the gold to melting/near melting, so it flies out of the barrel in a "glob" rather than a solid bullet. It quickly hardens in w/e shape it ends up, and then probably loses a ton of velocity after a few feet.

Reminds me of an old episode of Sharpe's Rifles.... where British riflemen (during Napoleonic Wars) used a little grasshopper gun to fire loads of gold coins into an approaching army of mercenaries. The intent was not to kill or hurt the troops... when they saw the gold glittering in the air and hitting the ground, discipline broke. They began scattering and grabbing all of the coins they could stuff into their pockets, before fleeing the field. A very expensive distraction, but effective in that show, at least. Bet you this could be really good riot control- fake dollar cannons!

[–] • 0 pt

Kind of my point. Crypto only works in a functioning society. Gold can sit in a safe or place and not go poof with the electricity.

[–] • 0 pt

fine, call me when you can do crypto without a network and electricity

not to mention a working computer

[–] • 1 pt

You go ahead and tell me how good anything will be with no power.

[–] • 0 pt

I don't think they had electricity when they built Rome.

[–] • -1 pt

are you serious ? no, cannot be.....

get a book, paper one, that is one thing.

now, that book has written how to grow food, manage farm animals, prepare fuel ....

you know, there was a time, not long ago, when there was NO ELECTRICITY, at all....

I do not have to tell you anything, you can read it, if you wish

have a nice day and take a breath outside

[–] • 0 pt

Unfortunately crypto requires power and internet. Unless society is stable enough to provide these, crypto wont exist.

[–] • 1 pt

So what? Keeping food cold requires power. Every banking system in the world requires internet. These silly arguments are stupid.