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ASX edges higher as Aussie dollar remains near seven-months lows and Bitcoin passes $US100,000 — as it happened (www.abc.net.au)

submitted 1 year ago by Baku@aussie.zone to c/ausfinance@aussie.zone

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[–] Eyekaytee@aussie.zone 0 points 1 year ago (1 children)

so your issue is with fiat money and basically the entire modern monetary system… nice

I still don’t understand how a literal ponzi is as stupid as fiat money but you do you

[–] No1@aussie.zone 0 points 1 year ago* (last edited 1 year ago) (1 children)

Don't force assumptions on me. I have no issue with fiat or other 'money'. Or property, or investments.

Ahh, my friend, forget ponzi. Explain economics to me.

Or, alternatively, explain how 'traditional' investments or property or fiat differ from a ponzi.

'Elaborate'. I'll wait.

[–] Eyekaytee@aussie.zone 0 points 1 year ago* (last edited 1 year ago) (1 children)

I don't know if you mean to come across like a profound philosopher whos stumbled onto a great secret that makes all economics? digital currency? fiat currency? as dumb as a literal ponzi but if you could get your point across without being vague as hell that'd be great.

[–] No1@aussie.zone 0 points 1 year ago* (last edited 1 year ago)

The emperor has no clothes 🤣. That's as simple as I can put it.

You keep bleating 'Ponzi' as if that's a logical explanation.

Pick anything you like. Anything. Prove it's not a Ponzi. It might help you understand what an actual Ponzi is.