Can someone counter with a #Switzerland image from above the fog? @JeffG maybe? image
Fuck-you-money is the freedom to remove yourself from a deal and walk away. Can be #bitcoin, can be your prepper storage, can be guns, can be anything.
I think I just understood the term β€žfuck-you-moneyβ€œ. It gives you leverage in money power games by threatening to escape a system. An #nonbitcoin example: - a friend has shares of a privately owned company - he wants to renew his mortgage - he ask his shareholder partners for a loan - with the promise in his hands he goes to the bank threatening to cancel the mortgage - the bank gives him a substantial discount The company shares are the fuck-you-money.
@jb55 An idea for clients: tag for written language so that I can filter for german-speaking notes (and people).
Reading about #Switzerland image
Is it correct to assume that we lack experience with deflationary money because every system in the past was always watered down? Was there a system backed with completely pure gold/silver coin in the past which lasted for a longer time period?