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this post was submitted on 09 Feb 2024
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Destroying the environment and not even for real money
What makes it less real than other fiat currencies, if I may ask? If a currency is agreed upon being valid by multiple parties, I'd argue it is "real money".
It’s a speculative asset, based on the bigger fool theory. You need to sell it for real money to pay your taxes.
That right there. The vast, vast majority of people don't think it's valid, therefore it's not real money.