The value of fiat is it's fungibility. You can get it anywhere and spend it anywhere. A little inflation is also good for the economy. Deflation and and an asset backed currency would only slow the economy down as of right now, and that means less production and less people with less stuff (inculding people who'd starve to death because of it). Contemporary economic wisdom says you hold onto some fiat for emergencies and safe savings, then put additional value elsewhere (land, stocks, bonds, crypto, metals, and a wide variety of other asset options).
Could it all come crashing down? Maybe. Will we see a temporary crash? Most likely. But has the modern economic principles made us all better off? Yes. But the idea of completely writing off fiat just seems like an absurd pipe dream. Maybe this is an unpopular opinion here, but it's my opinion that as long as the game lasts and people are better off for it no point in writing it off.
And if fiat does truly collapse, so does modern society. Crypto people and the gold bugs don't get rich, everybody loses and we're all stuck with whatever we invested into weapons. I really, really, really hope that don't happen in my lifetime or my kids lifetime if I ever have any.
Please clarify to the slower of us. Aka me. What's the value in this over installing a regular database on an otherwise secure and encrypted files system?
* to clarify, sometimes a *few* people in the community get a little nuts. Maybe in response to the fact the world is nuts and they are over correcting. I think (hope?) almost everybody otherwise are well adjusted people
Lol yeah saw your comment and thought a sats was funny wordplay with saints and the hardline bitcoin maximalists
I do think crypto and the ideals behind it is cool, just sometimes people get a little nuts in the community
https://m.youtube.com/watch?v=NJZ5YNrXMpE
An interesting #video #essay worth a watch
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Could go for some good tortilla chips and a hearty dip if you could put in a good word with the matrix for me 😄
Taking this random penis pill I got from the bodega near nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h
Wish me luck 😅
Bullish😈 
RIP
I envisioned good snacks so hard, yet the Matrix leaves me snackless
+
Invidious
Piped
Newpipe
YT ReVanced
Firefox with background play plugin
Brave Browser
LibreTube
✌️
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Ah yes the "any criticism is bad because our project is perfect" mentality.
If crypto does succeed it'll be in spite of this mentality instead of because of it. Nobody changed the world for the better with cognitive dissidence and cult like mentality.
No federal laws requiring you to accept USD in any form but a small handful of localities require you to accept cash if you accept credit cards. Not sure but there may be an exception for debt you owe if you make a reasonable attempt to pay and they refuse it's null. Debt rules wouldn't apply to purchasing something though.
Don't worry it's all probably bundled into a docker image anyway no need to see how the spaghetti code works
https://www.theguardian.com/technology/2023/dec/29/google-lawsuit-settlement-incognito-mode
Short #Blog Post
Just heard another person share the semi recent incognito lawsuit Google settled and I'm going to do some complaining.
In the event you somehow made it to the #fediverse or #nostr without knowing: an incognito window allows you to browse the internet without saving cookies or history after you close the tab. It also does not use existing cookies saved from previous sessions.
What your browser cannot do, however, is hack into a server or ISP to change how it operates. Anything outside of that like IP logging is unaffected and cookies are still provided to your browser even if they are discarded when the window is closed.
This is was indicated by both the incognito page and in addition to being a fairly simple concept. I get that not everybody is interested in tech but what I'm really worried to see is the fact that Google was liable to the tune of $5bn because people didn't know what they were using.
I half expect to see another lawsuit against #Google demanding $5bn because people bought Chromebooks and can't run Windows software.