/biz/ - Business & Finance

Current-day fiat currency is debt, right? And you can now buy e-coins with it, right? In theory, this could create a situation where you can pay off all the fiat debt in existence. The whole fake thing.

Not many people talk about this but the fantasy story told for Fiat ("just print it") is about as ambiguous as the fantasy story told for e-coins ("numbers from math").

The whole place is a swamp to keep either something hidden or some people in perpetual world-owning status.

Connecting any currency to gold would end their eternal hand in your pockets. Probably why history is so brazen regarding that lost empowering virtue. We got this fiat debt now instead of gold in our pockets. Literally.