• Flying Squid@lemmy.worldM
    link
    fedilink
    English
    arrow-up
    2
    ·
    3 hours ago

    “We have two completely different terms that mean two completely different things to break up our confusing money into smaller pieces” is not the sales point you think it is.

    Also- LOL!

    I bet gold probably started out pretty volatile, considering some people knew to value it and others didn’t.

    How much would you like to bet? I’ll take some of those bitcoins off your hand. First, though, you’ll have to explain how to calculate volatility in a barter system that predates things like written language. Gold was bartered in the paleolithic, just like flint and antlers, and money didn’t exist until tens of thousands of years later.