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RE: The Old Dog Explains: What I Learned About Money From Cleaning Out My Sock Drawer!
"Every fiat currency in history has gone to a zero value, and on average in well under 50 years. " Many dont realize this, but it makes sense since you can't create money out of thin air, still this is what they do when they print fiat currency.
When it comes to crypto there is atleast many times a fixed supply, that can prevent it from being deluted, plus it's more convenient than fiat, since you can store it digitally yourself without the use of a third party.
The old coin is awesome and it goes to show that real money has to be backed by something, wether it's gold silver or technology, atleast it has an underlying value.
Hey @dandesign86 how are you?
You make several great points here!
I'm very good my friend ! I'm enjoying life here a lot and appreciate the beautiful nature and the clean air. It's interesting to see, what little we need, if we understand to appreciate what it is we have
This is good news and a good way of viewing things!