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#exitstrategy

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@SpaceLifeForm TBH, all #currency - even antique #metal #coins - is based off #fungibility.

  • That's why #BurgerKing in #Germany accepted #USD and not just #Euro and would happily sell me a Cheeseburger for a $5 note just as with a €5 note ( they only exchanged in Euro but that's beyond the point).

The reason why I can't even buy fries with 5.000 KPW [North Korean Won] has nothing to do with North Korea, but entirely with the fact that noone wants that money.

  • And that fungibility is why the #USD is even relevant and why the #Euro is stable: Because you can actualy buy shit with it.

#Gold, #Silver, #Platinum and even #Copper are not only inconvenient beyond small sums because they weight a lot but because their value sometimes fluctuates harder than #Monero and with the exception of Copper there had been Mass #Confiscations aka. state-based #theft of these per law.

So if you want to sell me on some #RareMetal #investment scheme: Please fuck off!

If not, disregard the last sentence...

Thanks.

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Congratulations! Digital Affairs Minister @avhuffelen quits her activity on X/Twitter and continues at Mastodon/Fediverse.

"When a platform doesn't want to comply to European laws, then it is time for me to say goodbye."

This is not a general strategy by the Dutch government, but it does give an important signal. #eXitstrategy