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#fiatcurrency — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #fiatcurrency, aggregated by home.social.

  1. @JoeRess @nonlinear
    The #USA military is by far the biggest #polluter on the planet and fueled by a pretty long running #scamCoin known as the #petroDollar.

    Petroleum is in the name.

    This article is theatre by comparison.

    #fiatCurrency.#USDollar #deDollarisation #degrowthNow #bitcoin

  2. Aside from calls for a #DebtJubilee that would, it seems, only really benefit debtors, and encourage more reckless borrowing for #consumption that hurts savers, Prof. #SteveKeen's interview on #RenegadeInc this week has some things to say about climate catastophies.

    Both enlightening and troubling:
    rt.com/shows/renegade-inc/5160

    #climateChange #globalWarming #theGreatReset #fiatCurrency #modernDebtJubilee #warOnSavers #ProfSteveKeen

  3. @rosano
    These stats are false alarm. No context if even true.

    #CambridgeUniversity debunked tropes like this. Also #bitcoin consumption is designed to go down post #BitcoinMaximalism, and changes based on total energy available.

    Focus on where the energy is coming from, #renewables like hydro.

    Anyone here against #hydroEnergy to secure an entire global finance system to replace the even-more-destructive, #growthObsession fueled by a #fiatCurrency system?

    Didn't think so :)

  4. @actualsteerpike
    The way the facts are presented are tantamount to #disinfo.

    Aral should know better that to make sweeping accusations like this based on tired narratives designed to misinform.

    Not only it #bitcoin a net positive for the globe when compared to alternative, #fiatCurrency and the #growthism it propagates…

    …bitcoin gets better and more efficient over time.

    It responds to changes in energy availability, dynamically using less energy when less energy is available.

  5. @strypey
    That estimate of $282 billion directly to the billionaire class is lower than the approx $450 billion being talked about in almost every other publication we've come across.

    The #bailouts are a disgrace, and a good indication that we need to move to a #hardMoney standard again. The post-1970 #fiatCurrency experiment has had veritably horrible results for the vast majority.