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Joined 3 months ago
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Cake day: January 8th, 2026

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  • Because a currency without a stable backing is completely volatile. Sure the value of normal currencies fluctuate, but apart from a few hyperinflation edge cases that’s at most a few percent each month.

    Small cryptocurrencies fluctuate sometimes hundreds of percent each month and even the big coins can swing ±20% every few weeks. The only somewhat stable coins are the ones directly tied to real world currencies.

    Having a currency that fluctuates this heavily in value creates the exact same problems as the ever changing US tarrifs did. There simply is no wax to reliably price goods and services for more than a few days. You essentially have to barter each trade.


  • That advice has a different reason.

    We automatically steer where our eyes are looking at. If you are awake and focused, that doesn’t matter cause you adjust for that subconsciously. But if you are preoccupied with something and are driving on autopilot, then that one tree you were staring at for a second too long is the place you are going to end up.

    That’s also the reason why people tend to hit the only upright thing on an otherwise empty 5km stretch of road.