Zizzy@lemmy.blahaj.zone to 196@lemmy.blahaj.zoneEnglish · 3 days agoSusruleciouslemmy.blahaj.zoneimagemessage-square126linkfedilinkarrow-up1822arrow-down11
arrow-up1821arrow-down1imageSusruleciouslemmy.blahaj.zoneZizzy@lemmy.blahaj.zone to 196@lemmy.blahaj.zoneEnglish · 3 days agomessage-square126linkfedilink
minus-squareEx Nummis@lemmy.worldlinkfedilinkEnglisharrow-up14·3 days 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-up6·3 days 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-up4·3 days 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.