Subnostr

I bought my first shitcoin in 3 years today. A 2018 SA Silver Krugerrand.

It's shiny, pretty & has some proof of work.

At 121k sats equivalent, it was a 42% premium on the paper silver price.

Let's see how this goes.

I offered to pay the guy in sats but he said that there's no tax on bullion. I gave him fiat for it, a far worse shitcoin than his Kruger.

Did the math.

If I bought the coin today it would cost me only about 73k Sats.

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Don’t want to calculate the sat value of this from 2020. But still some proof of work and very shiny.

Everyone has their shitcoin.

I do like the way it feels.

Sound money just feels right. Old schiffy has a point.

That is beautiful 💛

One day I'll grab one.

“In my day, you could grab one of these for a $1000”, not dissimilar to being about to buy a million sats for the same amount.

It's wild what changing the denominator does.

Did you buy a 1kg tungsten cube?

No, I missed out on that, the postage and packaging was a bit of a killer!!!!

Anything is better than paper.

These kinds of metal moves are more scary than any bitcoin move.

It's either FX collapse (somewhere)

Sovereign debt collapse

Or war

My shitcoin has zero intrinsic value. 🤠 Makes me smile though every time I look at it.