this post was submitted on 30 Jun 2025
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[–] teppa@piefed.ca 0 points 8 months ago (3 children)

Let people use what they want.

[–] _stranger_@lemmy.world 0 points 8 months ago

I want to use money that doesn't require an internet connection.

[–] streetfestival@lemmy.ca 0 points 8 months ago (1 children)

Regulate society for the greatest good. Living in a playground for the ultra-wealthy is not it

[–] teppa@piefed.ca 0 points 8 months ago (1 children)

We already do, hence the ability to choose alternative.

We buy half of all mortgage bonds in Canada to artificially depress the currency to prop up asset prices for instance, it would be nice to have competition in currency to prevent such manipulation that benefit the rich.

[–] streetfestival@lemmy.ca 0 points 8 months ago (1 children)

Crypto's the path towards a fairer society economically-speaking, good to know /s

[–] teppa@piefed.ca 0 points 8 months ago* (last edited 8 months ago)

Its not crypto, its a treasury backed digital currency. Though crypto is fine too if someone wants to hold a sovereign asset, or a digital currency backed by gold, or shares of the S&P500, anything people want to use as a medium of exchange.

Arguing we are already in a fair society where the rich arent catered to is silly to me, look at stock valuations and price to income ratios on real estate. All that currency debasement hasn't helped the poor one iota.

[–] doylio@lemmy.ca 0 points 8 months ago

Don't worry about the downvotes bro. Lemmy has a knee jerk aversion to crypto, even though the ideals of the fediverse and the ideals of crypto are very much aligned