Sorry, I didn't know that Bitcoins were being bought at $4000 and above. So the example above about the CD should be something mroe like this:
:Will you sell me your car if I give you 1BTC? What do you say? Marxos On 10/18/17, \0xDynamite <[email protected]> wrote: > >> Why? So it can understand itself? >> >> what? > > I didn't mean to end the last sentence with a question mark. It was > a declarative statement. > >>> By whom? By Mr. and Mrs. Better Reason. >> >> ... > > EXACTLY. > >>> > what's that supposed to mean? Although bitcoin is not >>> > commodity money and so it doesn't have any value apart from being an >>> > accounting mechanism, bitcoin's virtual' value can be >>> > associated with anything.... >>> >>> You don't understand. I see. >> >> Yeah well. You know fuck about basic economics? > > Yes. > >>> (The US accidently made its dollar tied to a real value by >>> limited inflation. Their monitoring of inflation made it get tied >>> (without them probably even knowing it) to oil and perhaps ag >>> production)). This is what has made US currency the most valuable. >> >> In other words you know exactly fuck about economics and are an >> apologist of the US nazi currency. 'limited' inflation isn't >> the only reason why the dollar is kinda 'accepted'. > > Listen, I'm sorry you're broke, but if you feel the need for money, > consider that animals don't have any at all. So the real issue is who > took your natural-born right (if you believe in the Biblical code) to > have land? > >>The real >> reason is GUNS. And obviously the dolar isn't 'tied' to oil >> since the oil price in dollars...you know...changes. Or perhaps >> you don't know that? > > No, that keeps you from STEALING money. > >> Also, bitcoin inflation is a lot smaller than paper money >> inflation. So as per your own logic it should have more >> 'value'. And, so far, it does. > > Has anyone actually analyzed the rate at which people will accept > Bitcoin for actual goods they produce? I mean, will an artist accept > 1 Bitcoin for a $10 CD? Or do they inflate the cost of the good to > handle their constructed idea of risk for handling things in bitcoins? > >>> That's right you don't NEED to. But what do you do when no one >>> produces any songs because they can't get enough money to produce >>> them? >> >> dude - go learn the ABC of arguments against your pro >> intellectual property bullshit. I'm not going to repeat them >> here. > > You mean "you heard this argument before in a pro-IP conversation", > yet that doesn't invalidate the argument. > >> your fucking songwriters can sell hot dogs on the street >> and then go home and write songs. > > Yeah, but if you want to create a real solution with bitcoin, you want > a solution where they can write songs, get paid with bitcoin, and > chillout and see what else there is to do in the world. > >>> The problem is that Bitcoin is a solution in NEED of a problem. You >>> get it? >> >> You are out of your fucking mind, aren't you? Bitcoin would >> prevent your fucking nazi government from printing trillions of >> fake money. Ditto for any other government. > > It's not fake, if you're using it, is it? You apparently believe in > it, so what is the real problem? > > marxos >
