497 karma · joined June 5, 2021
There's a reason why we give people the right to defend their life and property with violence. It keeps people civil.
Hell we let people get away with mowing down jaywalkers in LA. Why is it any different for a thief?
https://www.nbclosangeles.com/news/local/catalytic-converter...
By the way a new converter for a Honda is 3k right now. We didn't even discuss repairs and missed work from having to deal with it.
Sounds easy with a tech income. Not so much when you're working a minimum wage gig.
Anyway they are totally different assets with their own trajectories and influences. We don't know what will happen in the future.
What I do know is Bitcoin is deflationary while USD is inflationary by their nature.
I think when we all are dead future generations will see crypto as a basic value store like gold. No one will call it a pyramid scheme either cause it would have been around since before they were born.
The value of USD is also a pyramid scheme and entirely depends on demand from everyone to keep it's value. The federal reserve is only one small actor creating demand.