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306

I know it might be difficult to lower your IQ this much but I am exposed to many liberals all the time and I swear this is the case.

When people have a low IQ, they can't grasp abstract concepts, especially when it comes to money and how it works.

They don't understand the difference between gold backed currency vs fiat. Or how increased prices are not always inflation.

They also think that bitcoin is "insert defamation label here" cause it doesn't exist. as if fiat represents something more tangible.

And that is the difference, a dollar is something they can touch, so they trust it. In order for crypto to really be adopted by the masses voluntarily, it will need to be tied to a physical something somehow. Whether thats another countries currency, a credit card type thing, or whatever. But there must be some way for someone to hand it to another person and say this has x satoshi's on it, or this is x satoshi.

I know it might be difficult to lower your IQ this much but I am exposed to many liberals all the time and I swear this is the case. When people have a low IQ, they can't grasp abstract concepts, especially when it comes to money and how it works. They don't understand the difference between gold backed currency vs fiat. Or how increased prices are not always inflation. They also think that bitcoin is "insert defamation label here" cause it doesn't exist. as if fiat represents something more tangible. And that is the difference, a dollar is something they can touch, so they trust it. In order for crypto to really be adopted by the masses voluntarily, it will need to be tied to a physical something somehow. Whether thats another countries currency, a credit card type thing, or whatever. But there must be some way for someone to hand it to another person and say this has x satoshi's on it, or this is x satoshi.

(post is archived)

[–] 1 pt

All great points. Silly ignorant NPCs.