Zizzy@lemmy.blahaj.zone to 196@lemmy.blahaj.zoneEnglish · 10 hours agoSusruleciouslemmy.blahaj.zoneimagemessage-square91linkfedilinkarrow-up1528arrow-down10
arrow-up1528arrow-down1imageSusruleciouslemmy.blahaj.zoneZizzy@lemmy.blahaj.zone to 196@lemmy.blahaj.zoneEnglish · 10 hours agomessage-square91linkfedilink
minus-squareEx Nummis@lemmy.worldlinkfedilinkEnglisharrow-up11·8 hours agoIf he hoarded his gold instead of spent it, he’d be up about 100% over the last five years alone. Only crypto would’ve given that kind of return in the same time span, with far greater risk.
minus-squareemeralddawn45@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·4 hours agoWow. So if he had gone without food his couple of hundreds of dollars worth of gold would have been worth a couple hundred more dollars right now.
minus-squareCrimeIsLegalNow@ani.sociallinkfedilinkEnglisharrow-up3·7 hours agoBut in terms of use as currency what he was getting ripped off by was whoever was exchanging the gold.
If he hoarded his gold instead of spent it, he’d be up about 100% over the last five years alone. Only crypto would’ve given that kind of return in the same time span, with far greater risk.
Wow. So if he had gone without food his couple of hundreds of dollars worth of gold would have been worth a couple hundred more dollars right now.
But in terms of use as currency what he was getting ripped off by was whoever was exchanging the gold.