🎓 Dr. Freemo 🇳🇱 @freemo@social.cleverlibre.org

@realcaseyrollins Yea obviously your skin tone shouldnt change how you are treated... but, sadly, that is how they operate.

If you recall the conversation i had with the other instance a day or two ago where you jumped in. Remember how he attacked me for pointing out that the scholar instance was abusive towards their LGBT members and instead of him going "oh wow thats concerning" he basically responded with "it says alot about you that you would bad mouth the main LGBT instance".... same deal, if your on their protected list (LGBT, black, whatever), saying anything bad about you is taboo.

@realcaseyrollins I think most of the attacks are "evil white conservatives" vs the "nobel liberals".. While your personality may play a role I think being black and conservative probably acts like a shield to some degree. The liberals would have a hard time attacking a black man when half of their agenda is racial identity in nature.

@josemanuel There are soooo many theories on who he is... each of them have a bit of problem to them... but I personally would agree that he is the embodiment of the land as it was before the corruption. Thus by the time of the ring only maintains a small area.

@vital876@mastodon.social They never call him a god, they are a bit vague as to what he is. But he was "the oldest" in the sense that he was on the earth before trees, or people.

But yes the ring had no effect on him. nor did it seem to effect others who happened to be around him and the ring at the same time.

@anon00110
I'd be equally willing to take rubles and US dollar for my gold, since I would immediately (before either had a chance to crash) use that money to invest in things.

@icedquinn @johnnada

@lucifargundam Indeed, and incentive is exactly what im hoping to add :) I just dont want to say how yet.

@AmpBenzScientist Funding isnt an issue for me. But I am debating certain properties of the coin im designing and what i want to code into it.

I am a huge LOTR fan and to this day I still cant figure out who the hell Tom Bombadil was.... Tolkein was too methodical not to have some deeper understanding of who he is.... I must know!!!

@anon00110

Precious metals is just as bad a peg off value as anything else. Precious metals have real world use that cause their values to swing, often, even more so than fiat itself.

@icedquinn @johnnada

@icedquinn

I think the key in understand value of classical fiat is to understand that it is basically an IOU from the government. Its value is derived from the credibility of the government and its people. Its buying power is effectively directly linked to the GNP. This is why crypto is so unique, its the first money we have that isnt linked to a specific group of static people.

@anon00110 @johnnada

@icedquinn

The typical indexes are based on the buying power of everyday items.. so yea food is a way better measure. But it still pegs the value to the location it is in and not an absolute thing.

@anon00110 @johnnada

@AmpBenzScientist We have proof of stake architectures and many others.. its not a one or the other thing.

@anon00110

How would you measure purchasing power?

@icedquinn @johnnada

@AmpBenzScientist Arent all cryptos already providing much of that data?

@icedquinn

Even as a money, its still not associated with a government or people. Which makes it extremely unique as money goes.

@johnnada

@lucifargundam Say the coin garunteed its stability through a bonding curve?

@icedquinn

Currencies are generally compared to eachother.. how many you can exchange one for the other and watching how that relative exchange rate changes. Keeping in mind it is only the relative change that matters and the absolute value doesnt. So a single price point at a single point in time would tell you nothing.

You can of course look at indexes that show the buying power of a particular currency. But keep in mind that has a lot to do with the import/export relationship of the country and to some extent the wealth of the country.

@johnnada

@AmpBenzScientist Theya re basically specially designed diodes that you can use as a voltage-controlled capicitor.

@icedquinn

Comparing USD to BTC is a bit unfair. USD is priced to stimulate economies and improve the countries overall wealth. Doing that actually requires a currency undergo reasonable levels of inflation.

BTC and other cryptos, on the other hand, are not bound to a nation or to a specific group of people. Its goal is not to stimulate economies or improve wealth generation. Its goal is more so to be a vehical for investment. So in that sense we want to see it undergo deflation rather than inflation.

@johnnada

@icedquinn

USDT is pegged to USD.. USD is a fiat, so it isnt backed by a commodity but rather backed by the us government itself (As is all fiat).

@johnnada