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Joined 1 year ago
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Cake day: July 10th, 2023

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  • Doesn’t mean you don’t call yourself middle class, because at least you’re not homeless. At the very least, “lower-middle class”

    20-something years ago PBS had an excellent documentary called “People Like Us: Social Class in America” to show, well, social class in America. If you can find it, or at least clips of it, I’d recommend it. There was one cutscene with a bunch of people being asked which class they see themselves as, and pretty much everyone felt they were “middle class” - but you could tell by the way they presented themselves (clothes, jewelry, etc) that they were all over the place.


  • Pretty much everyone calls themselves middle class. Outside of the extremes one would expect, there will always be richer and poorer people among you, meaning you’re in the “middle” - whether you’re struggling to make rent or debating whether or not to go to the vacation home this weekend.








  • I can understand if you want to call any kind of Fiat currency “fake money” - doesn’t mean I think it should be abandoned in favor of some arbitrary metal or whatever, but I can understand it.

    That said, any kind of currency works when it’s standardized. Obviously it will be regionalized by country or whatever. Making up multiple cryptocurrencies as alternatives to what we have now slides us in the direction of a barter system (“I don’t take Bitcoin, you’ll have to get that converted to Ethereum. Oh, BTC is down against that? Sucks to suck!”)

    And let’s say the cryptobros get their way and we end up with (whatever crypto you choose) as a standard currency for the country/world/universe. Who would benefit most from that, and why should they? The way I see it, the early adopters would live like kings and if you didn’t gamble on the right crypto early, you better hope you can get something for your assets, including the cash of today.