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Old 04-01-2018, 09:27 AM  
thommy
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Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
Quote:
Originally Posted by jscott View Post
buy something your gov does not own, can you? very sad if cannot
loool - i can sell you a lot of zeros and ones if you are interested. guaranteed not owned by any government.

but before you tell me how economy works think about how you want to get a bitcoin loan.

do you think that any economy would survive if someone said 2 years ago:
i will lend you 100 bitcoins - give me back in 2 years.

do you REALLY understand what that would mean ?

ANY economy in the world is based on lending money or information about a future production price. volatil currency is pure poison.
try this game with bitcoin and you will see how fast it will be fucked.

the problem of this "nice dream" is that only people with ZERO knowledge about economy are really believing in it. and yes - there are also some in the game who know about economy. they will have the money from the no-skilled players at the end.

so far so good and if someone knows that it is fine and have the same right to exist as las vegas.

but to tell people legends like "this will replace the real money" is a ponzi crime.
maybe you just should invest a few bucks in "economy for dummies" to understand WHY this can not work.
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