currency investors do exist. i know a dude who had more money than god and thought “huh, well let’s see” and now has more money than two gods because the fuck is lucky.
you look for arbitrage opportunities between different currencies. i can’t remember whether he just exchanges currency or buys futures or what. i think it’s foolish but like i said, this guy’s got more money than two gods so he’s gotten very very lucky with it.
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.
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.
You can’t fake this kind of willful stupidity.
deleted by creator
Obvious troll is obvious.
Nobody invests IN the US dollar though. A currency is not supposed to be an investment.
currency investors do exist. i know a dude who had more money than god and thought “huh, well let’s see” and now has more money than two gods because the fuck is lucky.
you look for arbitrage opportunities between different currencies. i can’t remember whether he just exchanges currency or buys futures or what. i think it’s foolish but like i said, this guy’s got more money than two gods so he’s gotten very very lucky with it.
If he’s making money consistently, then he isn’t lucky
that is exactly what everyone who is lucky says.
Owning a dollar is an investment
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.
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.
Lol thx, I thought it was a typo
Most sane .world world user be like
I wonder how much of Lemmy would disappear if I blocked .world
a lot of it.
No wonder the mods can be power trippers; they control most of Lemmy. Wasn’t decentralization supposed to prevent that? (Rhetorical question ).