Nostr

Well, technically you can own dollars. But it will just be pieces of paper

Do you really own it if dollars can be instantly made unfit for spending by law, as has happened to nearly every fiat currency throughout history?

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Discussion

Alan ₿ 2y ago

Not to mention the evaporating purchasing power, which can happen quite suddenly

jacke 2y ago

True. That's why i said what you own is just pieces of paper. And if you give those pieces of paper to a bank then you don't even own pieces of paper.