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<blockquote data-quote="Faceplanted" data-source="post: 3870761" data-attributes="member: 56697"><p>What was life like during ww2?</p><p></p><p>I’m still trying to figure out why pressurized rocks are worth anything and can be considered an asset. You can buy a diamond circular saw for cheap, but if it’s a big rock it’s some how more valuable?</p><p></p><p>Anything is what you make it. Bitcoin is “mined” just as silver and gold. It takes an initial investment to set up a mining operation. It’s a store of value just as silver and gold. It’s speculative just like silver and gold. I could argue that it’s actually more valuable than the US dollar and more of an asset, as not 1 entity is controlling it, and no more can be minted.</p><p></p><p>Boomers seem to think their paper money that literally represents 1s and 0s is some how more legit than 1s and 0s on a open ledger.</p></blockquote><p></p>
[QUOTE="Faceplanted, post: 3870761, member: 56697"] What was life like during ww2? I’m still trying to figure out why pressurized rocks are worth anything and can be considered an asset. You can buy a diamond circular saw for cheap, but if it’s a big rock it’s some how more valuable? Anything is what you make it. Bitcoin is “mined” just as silver and gold. It takes an initial investment to set up a mining operation. It’s a store of value just as silver and gold. It’s speculative just like silver and gold. I could argue that it’s actually more valuable than the US dollar and more of an asset, as not 1 entity is controlling it, and no more can be minted. Boomers seem to think their paper money that literally represents 1s and 0s is some how more legit than 1s and 0s on a open ledger. [/QUOTE]
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