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Joined 11 months ago
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Cake day: December 4th, 2024

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  • The value of metal isn’t arbitrary,bits valuable because the metal is actually valuable. You can use copper for electronics, silver for medical instruments, gold for all kinds of things from semiconductors to low impedance buses

    Yeah, because necessary computer chips, medical instruments, and other electronics won’t become extremely expensive or scarce from being MADE OF MONEY!

    There’s a finite amount of metal in the world and an ever-increasing demand for both things made of metal and currency. Combining the two would inevitably lead to a point in the far too near future where only very rich people can afford to use money and/or only rich people can afford to build anything out of the money metals.

    There is no deflation of metal currencies or inflation

    Except when there’s not enough of it in existence for both making the things of it AND for being all the money. Which is already the case.

    This is a common lie of corporate sellsmen trying to sell everyone into their pyramid scheme

    Maybe not the BEST thing to mention pyramid schemes while trying to convince people that inherently finite resources can cover several exponentially increasing needs in perpetuity…

    The value slowly drifts over time

    Until it’s suddenly currency again AND still needed for making important stuff with.

    the discovery of new sources or technology which makes extracting easier

    Which will STILL be much more expensive and require extra security once extraction equipment contains wiring and circuits made of literal money.

    The point is though that compared to fiat currencies, it’s extremely stable and over generations

    Which it has been because it’s been considered raw materials for production of goods for generations. That flies out the window the moment its value becomes intertwined with all levels and types of commerce

    something people can save and give to their grandkids

    If they’re EXTREMELY rich compared to most of the world’s population.

    it will be roughly the same value.

    No.

    People can retire for example without ever needing to put their money at mercy to the rich in speculation markets.

    Very few people, sure. Probably significantly fewer than now.

    The is what you call deflation, but it’s what I would call economic appreciation

    It’s what I call becoming richer by already being rich, which is basically the stock market but with less effort.

    this is an honest economy

    Overly simplified to the detriment of most people ≠ honest.

    Simply put prices have to meet workers halfway.

    Would be lovely, but the reality is that most workers would no longer be able to afford anything made of the money metals and would probably be underpaid even more than they already are since there’s actual scarcity added onto the artificial scarcity.

    The only real downside compared to fiat currency, and this is really the only one in actuality

    Nope. I’ve mentioned a few already at I bet you’re going to say something else in a bit

    that money is harder to obtain without producing something of real value

    Not if you already have it and it appreciates. Like the current system, but even moreso, it’ll be up to the ones who hoard the most riches to determine what has “real value”.

    This means that governments can not spend money to stimulate the economy, and the economy cannot carry massive amounts of debts

    Which would be awful. Without tools such as deficit spending and government debt, every recession could take years or decades, if not be permanently insurmountable since you can’t just create emergency metal.

    Interest rates would be high because interests would have to cover the people who default.

    Which would mean that only rich people would be able to afford to borrow money, further enhancing the “get richer by already being rich” effect

    This is not a bad thing

    As long as you are one of the lucky few already in possession of a lot of wealth in metals.

    I could go on responding to all the rest of your fallacious arguments in turn, but if you haven’t gotten the point yet, let me just summarize it for you:

    TL;DR: Going back to economies based on physical metal would be absolute weapons grade idiocy.



  • It’s a reference to an episode of a 90s sitcom about nothing.

    Specifically the episode of Seinfeld where Elaine finds out that the perfect birth control for her (the sponge) is being discontinued so her new criteria for a sexual partner is to determine whether they’re attractive enough to use one of her limited supply, which she calls being “spongeworthy”.


















  • I’ve been told that exact thing dozens of times with different “just install it and it does everything for you” distro recommendations, and it hasn’t been the case with any of the ones I’ve tried.

    I’m not saying that people are lying to me or anything like that, I just think that people underestimate how used they are to using Linux and thus overestimate how easy it is for people who aren’t.

    Right now, I have Zorin OS on my laptop since that’s supposed to be THE easiest one for refugees from Windows to use, and while I’m liking it so far, I’m nowhere near being ready for it to replace Windows on my desktop yet.


  • Viking_Hippie@lemmy.dbzer0.comtoLemmy Shitpost@lemmy.worldA hypothesis
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    6 days ago

    I think the issue is not having a desktop-type computer at all and having a tablet/phone that’s so locked down the kid isn’t given the opportunity to explore or troubleshoot

    True. That being said, I’m pretty sure that a Mac is roughly at the middle point between that and a Windows PC, with Linux users being way more tech savvy still.

    In fact, so much exploration and troubleshooting being REQUIRED to make most if not all Linux distros do what you want is (along with game compatibility/availability) the main reason for many people who are sick of Windows to be hesitant to make the switch, myself included.