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/biz/ - Business & Finance


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File: 30 KB, 507x746, this vouchers can be exchanged for goods and services.jpg [View same] [iqdb] [saucenao] [google]
24792372 No.24792372[DELETED]  [Reply] [Original]

OP
money works like vouchers
those numbers arent arbitrary
you traded something of an established value for that number of vouchers

all of the money in the country used to be based on the number of gold in the bank
printing more money is like cutting up the gold more
it doesnt invent more money
now money is based on itself
cutting up the total amount of money won't make more money

>muh tokens r worth difren why cant you appear more tokens

>> No.24792485

>>>/b/

mods, range bans, now

>> No.24792808

>>24792372
she is unironically making the point of why BOND is the future. Now get her that tattoo

>> No.24792908

>>24792485
they already deleted his thread i just wanted to tell him how business works
the money is shares in the economy
if you make more money it is worth less fractions in the same amount of commodities traded in that currency

>> No.24792977

>>24792485
she most likely traded goods or services for those vouchers or somebody did before they gave them to her
>monee is arbitrary
not really, the tokens need to have values or how are you meant to trade services like working into food?
food vouchers with """"arbitrary value""""" ? thats the same as money
shes an idiot and so was OP for not understanding how money or trading things works

>> No.24792998

>>24792977
>>24792485
its totally related
idiots like her said "print more monee lol arbitrary" and crashed the economy a bunch of times when they divided the value of the money up more
things which used to be worth a dollar are worth hundreds of dollars now because the value is not arbitrary it is based on fractionings

>> No.24793050

>>24792998
it is important to know that people who want >decentralized currenty blockchain
dont understand money either because once they hit the market cap it will need to expire or it will lose value
otherwise they will have to set an arbitrary value to "tokens as a fraction of all tokens which are not attached to any value like commodities or businesses"
all they want is to replace one thing with another thing to do nothing of value
if hitler didnt replace the currency in germany it would probably just work like yen once it stabilized
everybody is stupid

>> No.24793105
File: 2.61 MB, 320x568, 1607927112903.webm [View same] [iqdb] [saucenao] [google]
24793105

heres the video
OP's post said
>she is unironically right

>> No.24793193

>>24792372
What kind of banknotes are those?

>> No.24793233

>>24793193
probably canadian or australian i dont know who she is but theyre dollars

>> No.24793269

turns out she's a self professed sped