Quote:
Originally Posted by k0nr4d
What? Up until relatively recently every currency was based on precious metals. There's only been a handful of fiat currencies that collapsed.
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The average shelf life of fiat currencies is apprx 25-30yrs, just because some have not collapsed doesn't mean they won't in the future, they all will.
Quote:
Originally Posted by AmeliaG
A couple years back, I was feeling very optimistic on a lot of asset classes -- real estate, stocks, crypto. Now, it is such a troubling and unclear economic environment that it is a challenge to know where to invest. A lot of folks who would normally never hold substantial cash are doing so now.
For those in adult, the coming of CBDC in July could mean just another payment method or it could mean nobody wanting their fap material on their permanent record.
I'm surprised more folks in adult are not discussing these issues.
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Quote:
Originally Posted by Tubevideditor
Call it a conspiracy if you like but many have said Covid was the start of the real currency collapse to bring in a central bank digital currency so we'll see how it plays out.
Also remember that every currency in history has gone to zero.
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Yup, CBDC's are coming and they are going to (eventually/possibly - most likely) take away some very important freedoms. Seems like nobody really cares about this issue right now, I'm pretty sure ppl of the world are going to let gov/central banks steam roll this onto us, without much of a fight, so I believe it's inevitable, they're coming, and we're going to get fcked bigtime.
