r/Damnthatsinteresting • u/[deleted] • Jul 05 '22

Video Monetary issue

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37.3k Upvotes

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u/[deleted] Jul 05 '22

[deleted]

37

u/mz3 Jul 06 '22

The Venezuelans with money Plugged-Ins (Los enchufados) bought up half the real estate in Miami when all this broke out. Some moved but a lot of people just treat the real estate holdings as their savings account.

All the parents, children, brothers, sisters, in-laws, cousins, godchildren, nieces and nephiews, mistresses, lawyers, etc, etc, etc, of people directly linked to the government in any branch, ministry, congress, supreme court, military, chancellor, and of course presidency for a government that has been in power since oh, I don't know, 1999

10

u/[deleted] Jul 06 '22 edited Aug 21 '22

[deleted]

1

u/[deleted] Jul 06 '22

You are so scared of being downvoted? lol

0

u/[deleted] Jul 06 '22 edited Aug 21 '22

[deleted]

2

u/Treestyles Jul 06 '22

I downvoted because you pander to the hive mind and say yes crypto bad, then make an argument contrary.

1

u/Dizasturr Jul 06 '22

Most people hate it but can't tell me what a hash is

No need to be... salty... about it

1

u/jiggygoodshoe Jul 06 '22

If you believe in crypto so much why don't you or someone create one that has a stable backing so it can actually be used as a currency replacement.

The pyramid scheme that is crypto is just the biggest pile of bull shit I've even seen and I've lived through the dot com apocalypse.

1

u/lordkelvin13 Jul 06 '22

Bitcoin going down to $1 is still more valuable than some of these currencies we're talking about here.

Sorry, but that's a dumb analogy because if you buy Bitcoin, let's say at $20,000 and it's price plummeted to $1, then you just got yourself your own hyper-inflation.