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33 sats \ 5 replies \ @Undisciplined 25 Jun \ on: Stablecoins ‘Perform Poorly’ as Money, Central Banks Warn (FT, Martin Arnold) econ
three main tests of any money

I have never seen such an explicit affirmation that the purpose of fiat is control and debt.

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42 sats \ 4 replies \ @denlillaapan OP 25 Jun

dude who's in control is _he who decided on the exception
https://bitcoinmagazine.com/print/the-political

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22 sats \ 3 replies \ @Undisciplined 25 Jun

I meant from one of them. Obviously our side has made many similar statements about fiat.

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42 sats \ 2 replies \ @denlillaapan OP 25 Jun

oh. Ok, I see... How do you mean?

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33 sats \ 1 reply \ @Undisciplined 25 Jun

I just meant that this objection amounts to 1) we can’t control it, 2) we can’t control you, and 3) we can’t get people in debt with this.

None of those are actually about monetary function.

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21 sats \ 0 replies \ @denlillaapan OP 25 Jun

TRUE.

DAT.

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