Molly Whitetoday's utterly unsurprising news
evacide@molly0xfff As foretold by prophecy.
Jens Finkhäuser@evacide @molly0xfff Do they know what "fiat" means?
No. The answer is no, of course. But it still boggles the mind to read this kind of statement.
Arniepix@jens
For a very short moment, I thought he meant the car maker Fiat, part of Stellantis, the 4th biggest carmaker in the world; and NOT fiat currency, which you can actually buy stuff with in shops.
@evacide @molly0xfff
For a very short moment, I thought he meant the car maker Fiat, part of Stellantis, the 4th biggest carmaker in the world; and NOT fiat currency, which you can actually buy stuff with in shops.
@evacide @molly0xfff
@arniepix Yeah, I had the same thought.
What I meant was: any currency is fiat if someone powerful enough declares it to be. That is literally what "fiat" means. If Musk declares Bitcoin the official currency - even if only within his sphere of influence - it is fiat currency.
The sentence only makes sense if he *doesn't* do that, but the tweet seems to say he would. So it's word vomit.