RE: Evolution from Scripture

['Chris de Morsella' via Everything List]

 

 

From: everything-list@googlegroups.com 
[mailto:everything-list@googlegroups.com] On Behalf Of LizR
Sent: Sunday, May 04, 2014 6:12 PM
To: everything-list@googlegroups.com
Subject: Re: Evolution from Scripture

 

I don't know much about bitcoin, except you can "mine" bitcoins at some expense 
- to your power bill, your time and the environment. What's the point? (And how 
does it manipulate the medium of exchange?)

 

I’d like to see a study done on the carbon footprint of bitcoin J

 

 

On 5 May 2014 12:34, meekerdb <meeke...@verizon.net> wrote:

On 5/4/2014 12:38 PM, Telmo Menezes wrote:

Yes, and this already happened. I would add that capitalism is not catching up 
with anything because it doesn't even exist at the moment. The money supply 
itself is not under the control of the market, so the system is non-capitalist 
at its core. Bitcoin is an attempt at real capitalism, it remains to be seen if 
it can survive.

 

I think that confuses financialism with capitalism.  If you can invest in labor 
and equipment and produce something that returns a profit, you're a capitalist. 
 Bitcoin looks to me like just another attempt to manipulate the medium of 
exchange and profit from it - a role traditionally taken by Wall Street and the 
Federal Reserve in the U.S.

Brent

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