• 0 Posts
  • 79 Comments
Joined 1 year ago
cake
Cake day: November 7th, 2023

help-circle




  • some sovcits dont realize currency is only as valueable as the trust in the government behind it to not screw up its value.

    its why when countries go through massive inflation, the layperson may reject local currency in favor of more stable currency.

    the same law is the one that crypto is behind. an arbitrary coin is only as valuable as its rarity and the value in which deem it valuable.

    the sovcits dont realize the coupons have no value to others, no matter how much they value it as. its like the tiny disclaimer on coupons where the actual value of the coupon or w/e is 1 cent.
















  • copper in the context of itself is actually pretty cheap. the problem copper has is that copper is reletively expensive when compared to other common metals, hence why in some industries, copper usage is being cut back more (e.g heatsinks, as copper is commonly used for its great heat transfer coefficient, but reletively speaking, is more expensive than aluminum, while cheaper and lighter, doesnt conduct heat as well as copper)