View Single Post
Old 01-20-2018, 06:12 AM  
thommy
Confirmed User
 
thommy's Avatar
 
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
Quote:
Originally Posted by Jel View Post
do you have any idea of the amount of people outside the banking system? Do you have any idea how much crypto is going to help those people, when now (after evolution of crypto, we are still in the extremely early stages) all they need is a cellphone? Do you have any idea of the amount of money even us first worlders shell out in fees to move our own money around? Of course you do, but for whatever reason ignore all that.
i have a master degree in economy science - what are your skills ?

Quote:
Do you even understand most in crypto are not trying to replace fiat (impossible)?
unfortunately, you contradict yourself here - because if crypto would replace fiat against WHAT do you want to change it ?

crypto WILL replace fiat FOR SURE - but under other circumstances

I just want to give you a very simple example why crypto can never be a lead currency or replace an existing currency.

as you know the whole trading market is based on sales in the future. so if you agree today a price for a product in a currency it have to have this price when it is produced.

this was the reason why europe came with the Euro because even the small differences in values between currencies produced an incalculable risk for buyer and seller.

if you replace fiat with crypto - the price have to be stable and that means: say good bye to make profit with it.

Quote:
You are too busy spouting off about what a great economist you are, and so blinkered in what you THINK are other people's viewpoints, goals, temporary strategies (or even long term ones), and sitting up on your high horse of 'look at me I have an economics degree' that you miss almost every single fucking point others have.
on what school did you make this degree if you do not even understand the SIMPLEST facts ? you are talking about this issue as a 5 year old boy. i do not believe that you EVER have seen a university from inside and if so you possibly was sick on the important lessons.

Quote:
'play your crypto game'... hahahaha, yeah, like nerds who played their bulletin board game


and morons who played games with steam instead of understanding horses were the be all and end all of transportation

i did not tell you to stop it - i even think you SHOULD play the game because that will be the one and only way to make you understand that you canīt act against logic rules.

and i say that you are right - crypto will come but it will not be bitcoin and it will not be any other of this dreamer products what are ignoring the reality and the facts.

if you ever paid for the school you was in - tell them to give you your money back - they failed !
__________________
Open for handpicked publishers and advertisers:
www.trafficfabrik.com
thommy is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote